Mozambique Exporting Liquefied Natural Gas To Europe For The First Time
Nov 14, 2022 ·
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Description
Mozambique has started exporting liquefied natural gas for the first time, in a move the country’s President Filipe Nyusi has described as historic. The gas has been produced at an...
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Mozambique has started exporting liquefied natural gas for the first time, in a move the country’s President Filipe Nyusi has described as historic.
The gas has been produced at an off-shore plant run by Italian energy firm Eni, but British oil giant BP has the purchasing rights over it.
Mozambique hopes to become one of the world's biggest exporters of natural gas, following its discovery in the northern Cabo Delgado province in 2010.
The government believes the discovery of gas will boost the economy, but Mr. Nyusi says Mozambique would continue to focus on traditional activities such as agriculture, fishing, and tourism, to achieve development.
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The gas has been produced at an off-shore plant run by Italian energy firm Eni, but British oil giant BP has the purchasing rights over it.
Mozambique hopes to become one of the world's biggest exporters of natural gas, following its discovery in the northern Cabo Delgado province in 2010.
The government believes the discovery of gas will boost the economy, but Mr. Nyusi says Mozambique would continue to focus on traditional activities such as agriculture, fishing, and tourism, to achieve development.
Information
Author | Africa Business Radio |
Organization | Africa Business Radio |
Website | - |
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