Brazilian oil sector executives believe Mozambique has the conditions to establish itself as an energy power and attract new investment, pointing to the country's natural gas reserves, strategic location, and ongoing upstream projects.
The assessments were made following separate meetings between Mozambican President Daniel Chapo and representatives of the Brazilian Petroleum Institute (IBP) and Shell Brasil, one of Brazil's leading oil and gas producers, on the sidelines of the Fórum Petróleo e Gás 2026, held on Sunday (20) in Rio de Janeiro, according to a report by Lusa.
Shell Brasil president João Rosa said Mozambique is well placed to build an energy industry of international scale.
"Mozambique is very well positioned to develop its energy industry and to be, obviously, one of the world's largest hydrocarbon producers," Rosa said.
He added that Mozambique "has everything it takes to become a major energy power", highlighting the country's gas reserves, the presence of world-scale projects, and its connections to international markets.
During the meeting with the Mozambican delegation, Shell discussed cooperation opportunities, technical skills development, the sharing of international experience, and potential investments in the energy sector.
"We spoke about the new law, about conditions that have been updated, and we will look at this very carefully and with great attention in order to identify opportunities that are beneficial to all," Rosa said.
Nelson Filho, president of the Rio Fórum Petróleo e Gás, argued that Brazil's accumulated experience in oil, gas, and renewable energy exploration could help accelerate the development of Mozambique's energy sector.
"We see a unique opportunity for the two countries to work together and develop together," Filho said, also highlighting the potential of Mozambique's gas reserves in the current context of energy market transformation.
Filho said gas will continue to play a relevant role in the energy transition, noting that "Mozambique holds one of the largest gas reserves in the world".
He added that Mozambique's geographical position further reinforces the country's potential to secure a prominent place in international energy markets.
"Mozambique is in a position and has all the conditions to truly lead this entire process — not in the long term, but in the short and medium term," Filho said.
The meetings took place on the sidelines of President Daniel Chapo's participation in the Fórum Petróleo e Gás 2026, where the head of state is appearing as a speaker and presenting investment opportunities in Mozambique's energy sector.
According to information released by the Presidency of the Republic, the meetings covered investment opportunities, oil and gas exploration, workforce training, and technical skills development, with the aim of deepening cooperation between Mozambique and Brazil.
Source: Diário Económico
Original article: https://www.diarioeconomico.co.mz/2026/09/21/oilgas/petroleo/shell-e-sector-petrolifero-brasileiro-veem-mocambique-como-potencia-energetica/
