Mozambique will be transformed by gas reserves in 10 years
Anadarko predicts one of the poorest countries in the world will become the world's third largest LNG exporter
Mozambique's economy will, over the next 10 years, be transformed by the development of its estimated 277 trillion cubic feet (cf) of gas reserves. Anadarko, lead operator of one of two pioneer projects in the Rovuma basin offshore the north of the country, predicts Mozambique could become the world’s third-largest exporter of liquefied natural gas (LNG). The country’s government does not want just to export, however: it also wants to use of a large chunk its gas domestically through developing downstream industries. But some are warning this could be an economic cul de sac for Mozambique. The country this year published its Gas Master Plan, outlining how it intends to develop its gasfield
Also in this section
5 March 2026
Gas is a central pillar of Colombia’s energy system, but declining production poses a significant challenge, and LNG will be increasingly needed as a stopgap. A recent major offshore gas discovery offers hope, but policy improvements are also required, Camilo Morales, secretary general of Naturgas, the Colombian gas association, tells Petroleum Economist
4 March 2026
The continent’s inventories were already depleted before conflict erupted in the Middle East, causing prices to spike ahead of the crucial summer refilling season
4 March 2026
The US president has repeatedly promised to lower gasoline prices, but this ambition conflicts with his parallel aim to increase drilling and could be upended by his war against Iran
4 March 2026
With the Strait of Hormuz effectively closed following US-Israel strikes and Iran’s retaliatory escalation, Fujairah has become the region’s critical pressure release valve—and is now under serious threat
