Mozambique: “Rovuma LNG set to transform GDP growth” – Standard Bank

Mozambique: “Rovuma LNG set to transform GDP growth” – Standard Bank

The Rovuma LNG is expected to attract between US$27bn and US$32bn investment, transforming Mozambique’s GDP growth, according to a study by Standard Bank. Advertisements

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Mozambique Oil & Gas: “Gas exploration to fuel 7.5% economy growth by 2023” – EIU

Mozambique Oil & Gas: “Gas exploration to fuel 7.5% economy growth by 2023” – EIU

ozambique will have to wait until 2023 to achieve economic growth of 7.5%, a rate it was used to in the not too distant past, according to forecasts by the Economist Intelligence Unit (EIU).

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Africa Oil & Gas: Drop in oil price may force a review of Angola’s 2019 State Budget

Africa Oil & Gas: Drop in oil price may force a review of Angola’s 2019 State Budget

Angola’s draft State Budget for 2019, already approved generally by the country’s parliament, may have to be be reviewed, admitted the chair of the parliamentary committee on Economy and Finance.

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Global Industry: “Oil recovery lulls producer nations into economic stupor” – IEA

Global Industry: “Oil recovery lulls producer nations into economic stupor” – IEA

The return of oil prices to levels more redolent of the pre-2014 era has given the world’s leading oil producing nations some economic respite. But new industry analysis warns they are inviting economic disaster by relying on hydrocarbons income in a future of uncertain energy demand.

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Mozambique Oil & Gas: “Gas will make economy grow by 11.1% in 2023” – IMF

Mozambique Oil & Gas: “Gas will make  economy grow by 11.1% in 2023” – IMF

Mozambique’s economy is expected to grow at a rate of 11.1 percent by 2023, by which time the exploitation of natural gas deposits in the north of the country is expected to have begun, according to the latest forecasts by the International Monetary Fund.

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Global Industry: Low-cost natural gas to fuel Africa’s economic revolution

Global Industry: Low-cost natural gas to fuel Africa’s economic revolution

Gas remains a largely untapped energy resource in Sub-Saharan Africa with resource estimates suggesting offshore discoveries in the Rovuma Basin may turn Mozambique into one of the world’s largest natural gas exporters by 2023.

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