Mozambique to unveil fresh oil and gas bidding round

Prices have gone up to levels where people seriously look into oil and gas again and sure enough, cash-strapped African governments go on a selling spree. I have news for you – it’s not only the international market that drives companies to put down hard cash for your prospects. What’s really important is having a feeling that whatever one does will hold up to the test of time. Billions need to be spent – they need to be made back and erratic African governments are no god for giving investors the Butterflies. No matter what the international price does.

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