Related Articles
Forward article link
Share PDF with colleagues

Maputo takes the plunge, Dar looks on

Mozambique and Tanzania both have gas reserves likely to support extensive LNG exports, but only one of them is truly committed to exploiting them—at least for now

East Africa's first liquefied natural gas export project—Coral South in Mozambique—has been given the green light, but doubts about how much it will benefit the region's economies remain a major concern for national leaders. A positive final investment decision (FID) on the floating liquefied natural gas project came in early June from the Mozambique government and the Eni-led consortium developing Area 4 in the Rovuma Basin. But even the optimism of President Filipe Nyusi, announcing the deal in an upmarket Maputo hotel, seemed guarded. He referred to the "sacrifices" made by the country to get the project over the line. Until a couple of years ago, Mozambique was taking a hard line on FL

Also in this section
The Zohr effect
15 March 2018
Hopes are high of fresh finds in the area
Full speed ahead for Egypt's gas
15 March 2018
Eni's parallel-development method has enabled it to smash records at its mega-giant Zohr gas project. Petroleum Economist was given exclusive access to the onshore operations
Hurdles face putative Asia-Pacific LNG hubs
14 March 2018
Singapore, Shanghai and Japan all wish to become trading hubs and price-reporting agencies are trying to establish benchmarks