{"id":9228,"date":"2023-12-26T09:02:52","date_gmt":"2023-12-26T09:02:52","guid":{"rendered":"https:\/\/gbc1.net\/?p=9228"},"modified":"2023-12-29T14:29:43","modified_gmt":"2023-12-29T14:29:43","slug":"mauritius-and-mozambique-extend-cooperation-on-lng","status":"publish","type":"post","link":"https:\/\/gbc1.net\/index.php\/2023\/12\/26\/mauritius-and-mozambique-extend-cooperation-on-lng\/","title":{"rendered":"Mauritius and Mozambique Extend Cooperation on LNG"},"content":{"rendered":"\n

On 22 December 2023, the Cabinet under the leadership of the Mauritian PM Pravind Jugnauth approved the extension of a cooperation in the field of #LNG<\/a> between the Mauritius State Trading Corporation (STC<\/a>) and Mozambique Empresa Nacional de Hidrocarbonetos (ENH<\/a>).<\/p>\n\n\n\n

Back in January 2019, Mozambican Filipe Nyusi undertook a state visit to Mauritius to reinforce bilateral ties. Then, in August 2019, the Mauritius-Mozambique Joint Permanent Commission on Cooperation (#JPCC<\/a>) held an important meeting where several agreements were concluded, including the one on #LNG<\/a>. <\/p>\n\n\n

\n
\"\"
Mozambique President Filipe Nyusi and Mauritius Prime Minister Pravind Jugnauth<\/figcaption><\/figure><\/div>\n\n\n

In view of the uncertainties surrounding the Global Supply Chain (#GSC<\/a>), Mauritius is pondering diversification and nearshoring of its LNG sources in a bid to enhance its #EnergySecurity<\/a>.<\/p>\n\n\n\n

On the other hand, Mozambique is hoping that the Mauritius International Finance Centre (#IFC<\/a>) can come into play in order to funnel #FDI<\/a> and structure deals around #LNG<\/a> in Mozambique.<\/p>\n\n\n\n

It is worth highlighting that Mozambique possesses one of the largest reserves of natural gas in the world. Therefore, this accord is a win-win situation for both countries with a view to further ‘develop the LNG business.’<\/p>\n","protected":false},"excerpt":{"rendered":"

On 22 December 2023, the Cabinet under the leadership of the Mauritian PM Pravind Jugnauth approved the extension of a<\/p>\n","protected":false},"author":1,"featured_media":9233,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_mi_skip_tracking":false,"_EventAllDay":false,"_EventTimezone":"","_EventStartDate":"","_EventEndDate":"","_EventStartDateUTC":"","_EventEndDateUTC":"","_EventShowMap":false,"_EventShowMapLink":false,"_EventURL":"","_EventCost":"","_EventCostDescription":"","_EventCurrencySymbol":"","_EventCurrencyCode":"","_EventCurrencyPosition":"","_EventDateTimeSeparator":"","_EventTimeRangeSeparator":"","_EventOrganizerID":[],"_EventVenueID":0,"_OrganizerEmail":"","_OrganizerPhone":"","_OrganizerWebsite":"","_VenueAddress":"","_VenueCity":"","_VenueCountry":"","_VenueProvince":"","_VenueZip":"","_VenuePhone":"","_VenueURL":"","_VenueStateProvince":"","_VenueLat":"","_VenueLng":""},"categories":[3],"tags":[168,38,140,37,451,173],"yoast_head":"\nMauritius and Mozambique Extend Cooperation on LNG<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gbc1.net\/index.php\/2023\/12\/26\/mauritius-and-mozambique-extend-cooperation-on-lng\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mauritius and Mozambique Extend Cooperation on LNG\" \/>\n<meta property=\"og:description\" content=\"On 22 December 2023, the Cabinet under the leadership of the Mauritian PM Pravind Jugnauth approved the extension of a\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gbc1.net\/index.php\/2023\/12\/26\/mauritius-and-mozambique-extend-cooperation-on-lng\/\" \/>\n<meta property=\"og:site_name\" content=\"Global Business Council (GBC)\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-26T09:02:52+00:00\" \/>\n<meta property=\"article:modified_time\" 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