Breaking News: Omar Mithá replaces Nelson Ocuane at ENH, National Oil Company of Mozambique

Nelson Ocuane _Omar Mithá

(2015-08-12) Following the weekly Cabinet meeting yesterday, the Mozambican government announced the appointment of new directors at two state-owned hydrocarbon companies.

Moving from deputy minister of Industry and Trade, a post which he occupied for only eight months, Omar Mitha was appointed Chairman of the National Company of Hydrocarbons, ENH, Mozambique’s state-owned oil company.

He replaced Nelson Ocuane, who had been in the post for eight years, since 2007.

Mitha will therefore be at the helm of state oil and gas operations as companies exploring hydrocarbons in the Rovuma basin make decisions, before year’s end, about the actual LNG production.

The appointment places a trusted figure at the head of a strategic sector that is going through a crucial phase both nationally and internationally.

Through ENH, the state holds between a 10 and 15 percent share of all Rovuma basin operations, and one of the state company’s missions is to ensure that Mozambicans benefit from the exploitation of their natural gas reserves.

On the other hand, due to the sharp drop in commodity prices in the international market, the sector is not faring as well as previously.

The government also replaced Arsénio Mabote, who served as chairman to the National Oil Institute (INP) for 11 years (since 2004), with Carlos Joaquim Zacarias, who is already a serving INP executive.

O Pais

Photo: File: Nelson Ocuane (L) Omar Mithá

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