Comoros: Single oil exploration agreement in force

Oct. 11, 2012
The government of the Comoros Islands offshore East Africa between Mozambique and Madagascar issued a statement that Mozambique Channel Discovery, a subsidiary of Boulle Mining Group, is the only company to have a valid oil and gas exploration and production agreement in Comoros territorial waters.

The government of the Comoros Islands offshore East Africa between Mozambique and Madagascar issued a statement that Mozambique Channel Discovery, a subsidiary of Boulle Mining Group, is the only company to have a valid oil and gas exploration and production agreement in Comoros territorial waters.

Another company, which the government did not name, has claimed to also have such an agreement.