Mozambique makes up ground using the statute book

Mozambique has emerged from an election year with a record of improving the regulatory environment for its oil and gas sector. President Armando Guebuza’s outgoing government – to be replaced by a probably similar Frente de Libertação de Moçambique (Frelimo) administration led by Filipe Nyusi – has passed several key items of legislation, geared towards encouraging Eni and Anadarko Petroleum Corporation to reach their final investment decisions in 2016. In August, passage of a new Petroleum Law, to replace 2001 legislation, brought increased clarity and coherence to the sector, while in October, the state Instituto Nacional de Petróleo offered 15 blocks to interested investors.