Bloomberg: Mozambique Petroleum Bids Seen Facing Delay on Unclear Rules

Mozambique, site of the biggest natural-gas discovery in a decade, may have to delay its petroleum licensing round because the rules haven’t been clarified, according to the country’s Center for Public Integrity.

“When the licensing round was launched on Oct. 23, 2014, essential documents were not yet ready, including the petroleum regulations and the model contract,” the research group, which advocates for transparency, said in a report. The rules and contract are still unavailable as an April 30 bidding deadline approaches, it said.

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