Mozambique's hydrocarbs company, Empresa Nacional de Hydrocarbonetes de Mocambique recently signed an agreement for $30 million dollars. The agreement was with PT Kalila Energi Ltd., an oil company stationed in Indonesia. Mozambique has given them permission to drill and look for oil and natrual gas in their land for the next eight years. 

I think it was a good idea for Mozambique to sign the agreement. It will help bring more money into their country. In 2007, their GDP was $17.64 billion, and this could help increase the GDP. It will also increase the number of natrual rescores that they have, and will make the prince for oil and natrual gas much less for citizens of the country. This will help the country in many ways. 


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