11:06:09, www.africaoilgasreport.com
Angola and Mozambique are constructing policy frameworks that would de-monopolise the power utilities, allow foreign and domestic investors equal access to investment incentives and enable the participation of private investors in public infrastructure projects.
Both countries have required “fuel” to drive electricity supply; Angola has huge hydropower resources, estimated at some 150,000GigaWatt/Year of potential. But it also has Nine billion barrels of oil underneath its adjoining slice of the Atlantic and Nine trillion cubic feet of gas. Mozambique is not an oil rich country, but some of its five trillion cubic feet of gas helps produce electricity in South Africa. Clearly, the imminent deregulation of electricity supply should serve companies who want to generate electricity and export to South Africa’s Eskom or any other company that requires it.
In late May 2009, Angola signed a Memorandum Of Understanding (MoU) with Norway’s Hydro for a feasibility of an integrated project for hydropower and aluminium smelter. It’s not clear if that MoU would be implemented within the new Electricity supply framework. Frost & Sullivan, the growth consultancy firm, reports that the emerging electricity supply laws would reduce the barriers to investment significantly,................................
=============================================================
Full and detailed story in www.africaoilgasreport.com[img_assist|nid=345205|title=Africa Oil + Gas Report: June 2009 Edition--- African Gas Annual|desc=African Gas Annual |link=url|url=http://www.africaoilgasreport.com|align=left|width=250|height=340]