The Chinese and South Korean governments signed an agreement to support the joint exploration of natural gas in the Rovuma basin, Cabo Delgado province, in northern Mozambique.
According to South Korea’s Ministry of Economy and Finance, the two countries signed agreements to “launch and strengthen” five cooperation projects between Chinese and South Korean companies in third countries.
In a statement, the ministry highlighted the project to explore natural gas in the Coral field of the Rovuma basin, an area where it is estimated that there are reserves of around 190 billion cubic feet of natural gas.
The agreement was . . .
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