Top Energy, Oil and Gas Companies in Mozambique
Marcopolis.net has ranked the largest energy, oil and gas companies in Mozambique.
Mozambique’s
Largest Energy, Oil and Gas Companies
Marcopolis.net has ranked the largest energy, oil and gas companies in Mozambique.
The energy sector is key to the country’s economy and energy exports make up for a large share of total foreign exchange earnings. Mozambique has considerable but under exploited energy resources, including natural gas, oil, coal, hydro, solar, biomass and wind.
The players from the energy, oil and gas sectors listed below include local companies such as Petromoc (Petróleos de Moçambique), EDM (Electricidade de Moçambique) and HCB (Hidroeléctrica de Cahora Bassa), as well as huge international players such as Sasol, Total and BP.
| Rank | Company | Country | Sector | Description |
|---|---|---|---|---|
| 1 | Mozambique | Oil and Gas | Petromoc (Petróleos de Moçambique) was founded in May 1999. The company owns and operates storage facilities, pipelines and bunkers in all Mozambican ports. It has a total of 19 storage tanks and facilities with approximately 500,000 m³ capacity. Petromoc sells fuels, oils and lubricants appropriate to the mining industry, agriculture and marine, providing also the necessary technical assistance. It is the largest distributor of the major industrial and commercial companies in Mozambique in sectors such as fishing, transport, energy, etc. It also provides fuel to neighboring countries such as Zambia, Zimbabwe, Malawi and the Democratic Republic of Congo. | |
| 2 | Mozambique | Energy | EDM (Electricidade de Moçambique / Electricity of Mozambique) is an energy company which deals with the generation, transmission, distribution and sale of electricity in Mozambique. It is based in Maputo and was created in August 1977, roughly two years after the Independence of the country. | |
| 3 | Mozambique | Energy | HCB (Hidroeléctrica de Cahora Bassa) is a Mozambican company which was founded in June 1975. This undertaking is located in Songo, Cahora Bassa District, in Tete province. It possesses a double curvature arch dam with a maximum height of 171 m, and a crown that is 303 m long. The dam is 23 m thick at its base and 4 m thick at the crown. It has 8 radial floodgates and a surface spillway with a total discharge capacity of 14,000 m3/s. It possesses an underground power station, on the south bank, with 5 generator groups, each of 415 MW, and a maximum flow through the turbines of 2,250 m3/s. | |
| 4 |
Motraco |
Mozambique | Energy | In Mozambique, Motraco (Companhia de Transmissão de Moçambique / Mozambique Transmission Company), operates energy transmission for 2 main clients: Mozal, an aluminium smelter located in Beluluane Industrial Park (Maputo) and EDM (Electricidade de Moçambique / Electricity of Mozambique). |
| 5 | Mozambique | Energy, Chemicals, Oil and Gas | Sasol is an international integrated energy and chemicals company with more than 31,000 people working in 37 countries. It develops and commercialises technologies, and builds and operates world-scale facilities to produce liquid fuels, chemicals and low-carbon electricity. In Mozambique, Sasol signed an agreement in 2010 to explore an onshore gas concession known as Area A. The concession covers some 8,370 square kilometres and is adjacent to the Pande and Temane gas fields. Sasol holds a 90% interest in the concession and is the operator, with state-owned ENH (Empresa Nacional de Hydrocarbonetos) holding a 10% carried interest. | |
| 6 | Mozambique | Oil and Gas | Galp Energia’s Group concentrates its activities in Mozambique in two majors companies: Petrogal Mozambique Lda, and Galp Mozambique. Petrogal Mozambique is a company 100% owned by Petrogal, SA. Its activity is reflected in the marketing and distribution of lubricants and liquid fuels; and the filling, storage, distribution and marketing of LPG, in the retail and wholesale (direct clients and marine bunkers) segments. | |
| 7 | Mozambique | Oil and Gas | Total began operating in Mozambique in 1991. The company is active in oil exploration and markets petroleum products and related services through local affiliates. Total has around 40 service stations in the country. | |
| 8 | Mozambique | Oil and Gas | BP began operating in Mozambique in the 1920s, in partnership with Shell under the management of BP. In 1978, Shell left Mozambique and BP took over its assets and customers. Since then, BP continues to operate solely and is currently one of the biggest foreign oil companies in the country. Although it has an 18% market share, it is the market leader in the supply of lubricants (35% market share) and aviation fuels (more than 50%). The company owns 28 retail outlets in the country and has a presence at all 8 airports. | |
| 9 | Mozambique | Oil and Gas | CMH (Companhia Moçambicana de Hidrocarbonetos) was established in October 2000. On the same date, the Petroleum Production Agreement was signed between the Government of Mozambique and ENH (Empresa Nacional de Hidrocarbonetos) on one side, and SPT (Sasol Petroleum Temane) and CMH on the other. Through this agreement, SPT and CMH have been granted the rights to carry out the petroleum operations in the Pande and Temane gas fields. |