Mozambique: ENH Signs Memorandum of Understanding With Rosneft

Maputo — Mozambique's publicly owned National Hydrocarbon Company (ENH) has signed a memorandum of understanding with the Russian oil company Rosneft, for the joint development of exploration projects.

According to an ENH press release, the agreement was signed during the 21st World Petroleum Congress, held in Russia. The agreement also seeks to identify areas of mutual interest, and could eventually lead to joint hydrocarbon production.

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