MOZAMBICAN PRESIDENT ANNOUNCES FIRST EXPORT SHIPMENT OF NATURAL GAS

 MOZAMBICAN PRESIDENT ANNOUNCES FIRST EXPORT SHIPMENT OF NATURAL GAS
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On Sunday 13th November, The President of Mozambique, Filipe Nyusi, officially announced the exportation of Liquefied Natural Gas (LNG) produced in the country’s north which plagued by Jihadist attacks.

Located in the Cabo Delgado Province, the off-shore plant is managed by the Italian energy company and it is the first shipment of gas under a long-term purchase and sale contract with British giant BP.

The president said: “It is with great honor that I announce the start of the first export of Liquefied Natural Gas (LNG), produced in the Rovuma, in Mozambique, by the Coral Sul FLNG Project. The British Sponsor ship departs Mozambican waters for the international market”.

He added: “The completion of this international venture is a sign of the recognition by the market that Mozambique offers a stable, transparent and predictable environment for the realization of multi-billion investments, where high technology stands out in order to monetize resources in a phase of the energy transition, therefore it must bring pride to all Mozambicans”.

The country sets high hopes on vast natural gas deposits as it is the largest ever found in Sub-Saharan African, discovered in the Northern Cabo Delgado Province in 2010.

Mozambique could become one of the world’s 10 biggest exporters once tapped.

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Grace Amos

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