Please note: you are viewing an old version of this deal. The current version can be found here: Deal #1563

Deal #1563 Version #86529

Mozambique

Created at

2013-02-15

Last update

2022-04-01

Last full update

2024-05-08

Land area

Intended size

50 000 ha

Size under contract (leased or purchased area)

[2010, current] 10000 ha

Size in operation (production)

[current] 200 ha

Comment on land area

the cultivation area will cover at least 10,000 hectares (24,710 acres), but will expand to 50,000 hectares later

Intention of investment

[2010, current] Biomass for biofuels (10000 ha)

Comment on intention of investment

Mocamgalp will be responsible for producing biodiesel in the northern Manica province from jatropha curcas plantations. Initially

Negotiation status

[2010, current] Concluded (Contract signed)

Implementation status

[2010] Startup phase (no production)
[2013, current] Project abandoned

Comment on implementation status

In 2013, the Galp Supervisory Board gave its assent to the closure of subsidiaries Moçamgalp and Galpbúzi, set up as part of the biofuel project. Galp Energia is only engaged in offshore oil/gas exploration according to their 2020 annual report, whereas Companhia do Buzi only grows sugar.