Mozambique Publishes Law Enabling Eni, Anadarko Gas Investments
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Mozambique published a law enabling groups led by Anadarko Petroleum Corp. and Eni SpA to proceed with multi-billion dollar gas projects, setting financial and legal terms and allowing much of the revenue to be kept offshore.
The southern African nation’s council of ministers approved the law on Nov. 25 and included it in the Bulletin of the Republic dated Dec. 2, which was published yesterday in the capital, Maputo.