Seychelles needs to generate 75 megawatts of electricity to meet the country’s current needs, and gas has been explored in Mozambique as a solution.
The Republic of Seychelles intends to acquire Mozambican natural gas to replace the use of diesel in the production of electricity. The interest was voiced this morning in Maputo during the meeting Seychelles Secretary of State for Foreign Affairs Barry Faure held with Mozambican Foreign Minister José Pacheco as part of a three-day visit, night of this Thursday.
Mozambique is already the 13th country in the world with more fossil fuel reserves. Only in 2012 were discovered more than 100 billion cubic feet of natural gas on national soil. In the first 25 years of production of liquefied natural gas (LNG), according to IMF calculations, the government is expected to earn $ 30 billion in revenues if all planned projects come on stream.
At the meeting which was the preparation for the establishment of a general agreement on bilateral cooperation, to be signed shortly, the two African rulers reviewed the consultation of the various agreements of common interest that they are signatories to at the level of the African Development Community Austral, the African Union, and the United Nations. “The first step identified in this meeting as fundamental to the continuation of our relations was the need to create a general cooperation agreement. We will work at the technical level so that this agreement is signed as soon as possible, “said José Pacheco.
The agreement should include traditional areas of cooperation such as security, tourism, transport and communications.
Regardless of the general agreement, Mozambique and Seychelles have some agreements such as the mutual visa exemption agreement for citizens of both countries, holders of diplomatic, service, ordinary or other travel documents, signed in 2012, on the sidelines of the 67th Ordinary Session of the General Assembly of Nations in New York.
The visit program of the Secretary of State for Foreign Affairs of the Seychelles also includes hearings with the Attorney General and the Minister of the Interior.