Gas is the subject of elections in Mozambique

In 2010, large offshore gas reserves were discovered On the northern coast of Mozambique. From then on, the country’s leaders began to Plot big plans. Estimated at 5 billion cubic meters, this treasure must Transform one of the poorest countries on the planet into an exporter of first Liquefied Natural Gas (LNG) level.

Wood Mackenzie Consultants estimate that the gas should be Give a revenue of up to 3 billion dollars a year from the next decade, Twice what enters the country today. After being postponed for some time, the project ends To be launched and with investments of around 50 billion euros coming from the American company ExxonMobil and the French Total.

The general elections that will take place today (15) in Mozambique, Happen after a violent campaign the obstacles of the current government there are more than 40 years in the midst of a scenario of economic crisis and armed conflict.


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