- Mozambique hosts three key Rovuma Basin natural gas projects, including ventures by TotalEnergies, ExxonMobil, Eni, and a floating LNG platform.
- Mozambique contributes 20 per cent of Africa’s energy production by 2040.
Mozambique’s natural gas reserves may generate $100 billion, signalling the nation’s pivotal role in the energy shift. This is according to the Deloitte forecasts. Mozambique, set to be among the world’s top ten producers, contributing 20 per cent of Africa’s production by 2040, is on track to meet global energy demands. Mozambique emerges as a regional energy hub with renewable resources like Cahora Bassa, potential Mphanda Nkuwa dams, and solar capabilities.
Government electrification efforts and biofuel mandates further this potential. Strategic planning for each energy type and enhancing local renewable energy chains are vital. Mozambique’s decarbonisation strategy could capitalise on its energy sector to offer value-added products beyond just raw materials like gas.
Mozambique hosts three key Rovuma Basin gas projects. These include ventures by TotalEnergies, ExxonMobil, Eni, and a floating LNG platform. These initiatives offer significant economic benefits, highlighting Mozambique’s global energy market position. Strategic foresight is crucial for clean energy potential.