Mozambique needs an Independent Regulatory Authority for the petroleum sector and with supervisory powers to ensure that gains for the State are maximized, through an adequate and unbiased assessment of the operations of companies exploring petroleum resources in the country. The National Petroleum Institute (INP) is, at the moment, the sector's regulator, but with a clearly nominal independence, which results in excessively limited actions.
The dynamics that the oil sector is experiencing reinforce this need. The expansion of the Pande-Temane project, the implementation of the project to produce light oil and natural gas from the Inhassoro and Temane deposits, the production of liquefied natural gas from liquefaction plants at sea and on land probably from 2021, as well as the exploration and research projects to be implemented in the future, as a result of the 5th tender launched in 2014, illustrate some dynamics of the sector.
