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Showing posts from May 5, 2024

Natural Gas Development in Mozambique

  Large natural gas resources become Mozambique an attractive country to invest in the energy sector. The local government’s policies promote energy businesses from foreign investment and important companies, such as ENI, CNOOC, Total Energies and Exxon Mobil currently have ambitious projects to exploit natural gas, that could make Mozambique a key supplier of LNG in the world, especially considering the role of this fuel in energy transition. Nonetheless, the Mozambican government internally also deals with political instability and deep economic and social problems in one the poorest countries in the world. During the last years, the northern zone, Cabo Delgado, faced a severe conflict with insurgent groups and a humanitarian crisis, which has even been associated to the development of natural gas projects. After a battle to recover certain stability and peace, in 2024, the country has the challenge to start recovering the zones affected, guarantee security to attract internation...