The official shipment of liquefied natural gas (LNG) from Mozambique’s northern region has begun.
The announcement was made by President Filipe Nyusi on Sunday (November 13). It is the first shipment of gas under a long-term purchase and sale contract with British giant BP. Eni, an Italian energy company, manages the offshore plant in the Cabo delgado Province.
“It is with great honor that I announce the start of the first export of Liquefied Natural Gas (LNG), produced in Rovuma, Mozambique, by the Coral Sul FLNG Project.” The British sponsor ship departs Mozambican waters for the international market.
“The completion of this international venture is a sign of the market’s recognition that Mozambique offers a stable, transparent, and predictable environment for the realization of multi-billion dollar investments, where high technology stands out in order to monetize resources in a phase of energy transition; therefore, it must bring pride to all Mozambicans.”
Once its potential is realized, Mozambique may rank among the top ten exporters in the world.
Over 620 trillion cubic feet of natural gas reserves are located in Africa, according to the BP 2021 Statistical Review of World Energy. Leaders intend to assist industrialization plans by producing LNG for both domestic and international consumption.
