Mozambique mega-gas project gets $20bn nod
Go-ahead for the Rovuma basin liquefied natural gas project could double the impoverished nation’s GDP
19 June 2019 - 19:49
US oil and gas group Anadarko Petroleum has given the green light to a gas project that will not only transform Mozambique’s economy but have spin-offs for SA business worth at least R7.2bn.
Having taken the final investment decision to commence with the $20bn (R290bn) Mozambique liquefied natural gas (LNG) plant means the Anadarko-led project, the largest the African continent has seen, will now break ground...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.