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Exploration of natural gas reserves in the Rovuma sedimentary basin in northern Mozambique may involve investment of about US$100 billion, the chief executive of Portuguese group Galp Energia told Macauhub
Japanese group Mitsui & Co plans to acquire a stake in a coal project of Brazilian group Vale in Moatize, in Mozambique’s Tete Province, according to Japanese financial newspaper Nikkei.
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