New Petroleum law

After more than a decade, Mozambique has adopted a new Petroleum Law.

The new law aims to strengthen state participation and establish a clearer, more structured and comprehensive regulatory framework governing petroleum operations. It reflects an effort to modernise the sector, align it with current economic and policy objectives, and provide a sounder basis for managing petroleum resources and investment activities.

The new framework is aligned with Mozambique’s Five-Year Plan, which outlines a phased expansion of hydrocarbon exploration. This includes awarding of ten new concession areas and increasing prospecting licences from 2024 through to 2029. 

Learn more in the document prepared by our team.