Mozambique considers revision of 2014 petroleum law

The government of Mozambique is considering revising its petroleum law from 2014 amid uncertainty over the role of the regulator.
By Staff reporter 7 July 2017 0 26672

The government of Mozambique is considering revising its petroleum law from 2014 amid uncertainty over the role of the regulator.

The law proposed the creation of a High Authority on the Extractive Industry, but critics have said the body’s role could be manipulated and that the legislation does not adequately specify how it would govern the petroleum sector.

The existing regulator, the National Institute for Petroleum, was to be kept in place under the legislation, meaning the new body would create areas of overlap.

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