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
Also in this section
23 May 2025
LNG projects need the certainty of long-term contracts, but Henry-Hub–linked deals put buyers at significant risk
22 May 2025
Industry says compliance is near-impossible and have called for more clarity to prevent cargoes being redirected
22 May 2025
The next energy crisis could come from the severing of the link between oil and gas prices, with potentially severe economic consequences
22 May 2025
With contract awards looming on the Kuwait-Saudi backed Dorra field, the long-stalled gas project appears finally to be gaining traction—despite Iranian objections
