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 FLNG
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