Tschudi Logistics is opening an office in Mozambique as it aims to capitalise on the country’s growing oil and gas sector.
Located in Maputo, the office will be led by Sandra Yolanda and Thomas Vestergaard, in close collaboration with Tschudi’s Scandinavian, Eastern European, Asian and Russian offices.
The office will provide multimodal logistics services as well as agency services in the ports of Maputo, Beira, Nacala and Pemba.
The Tschudi Group has been active in Africa since 2016, when it established a partnership with Nuno Uinge and formed Tschudi Mozambique. Since then, the company said it has closely followed the logistics market along with the local oil and gas sector with the purpose of investigating more business opportunities.
“While the African market can be challenging to enter, the continent offers tremendous business opportunities for those with the necessary know-how,” said Tschudi Group.
In June, after years of delays and setbacks, US oil and natural gas exploration and production company, Anadarko, was given the go-ahead to develop Mozambique’s first onshore LNG facility, as HLPFI reported here.
At USD20 billion, the final investment decision for the Area 1 Mozambique LNG project is the largest oil and gas sanction in sub-Saharan Africa. Attention is now turning to the second LNG mega-project that is seeking approval – the ExxonMobil-led Rovuma development, also in Mozambique.
Much like the Anadarko project, Rovuma LNG has been seeking sanction for over four years, according to Jon Lawrence, an analyst with Wood Mackenzie’s sub-Saharan Africa upstream team. He said: “With strong LNG demand growth out of Asia, now is Mozambique’s time.”
With local representation, Tschudi Logistics believes it will have a competitive advantage when tendering for projects in the African market.