growth

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

Posted on March 21, 2019March 21, 2019 by Mozambique Resources Post

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.

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

Posted on December 28, 2018December 28, 2018 by Mozambique Resources Post

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).

Global Oil & Gas: Liquidity fuels LNG storage growth

Posted on October 15, 2018 by Mozambique Resources Post

Commercial storage of LNG is on the rise as the market evolves, and emissions controls loom larger on the horizon.

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

Posted on September 28, 2018 by Mozambique Resources Post

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.

Markets: Why OPEC Is Concerned About Global Demand Growth?

Posted on September 13, 2018 by Mozambique Resources Post

Amid fears of global oil supply disruption and production curbs, in its latest monthly report, OPEC expects global oil supplies to remain stable, while cautioning that demand is becoming a growing concern.

Mozambique Oil & Gas: Investment in gas to bolster economy to 8-10% annual growth from 2023

Posted on March 21, 2018 by Mozambique Resources Post

Mozambique expects its economy to grow by eight to 10 percent a year from 2023 on, as the export of liquefied natural gas in the Rovuma Basin starts, according to information provided to investors in London yesterday.

Global Oil & Gas: Galp Cuts Investment Plan, Sees Higher EBITDA Growth

Posted on February 22, 2017February 22, 2017 by Mozambique Resources Post

Portuguese oil company Galp Energia cut its spending target for the next five years by around 20 percent and trimmed its output growth forecast, but slightly increased its earnings growth forecast after delivering a better-than-expected 2016 result.

Africa Extractive Industry: Mineral resources to boost Mozambique economic recovery this year

Posted on February 21, 2017February 21, 2017 by Mozambique Resources Post

Greater economic growth this year will be driven by exploration of mineral resources, such as coal, which is expected to register a substantial increase due to increased prices, increased demand from Indian companies and the efforts of the companies themselves in 2015/2016 to improve efficiency, according to Economist Intelligence Unit (EIU).

Africa Extractive Industry: Commodity shock knocks continent’s growth prospects – World Bank reports

Posted on April 13, 2016 by Mozambique Resources Post

World Bank has lowered its 2016 growth forecast for Africa to 3.3%, from 4.2% previously, after the continent expanded by only 3% in 2015; the slowest pace of growth since the 2009 global financial crisis and well below the 6.8% levels experienced by the continent between 2003 and 2008.

Economy & Finances: Mozambique among the countries with the highest economic growth in 2014, mining in

Posted on September 29, 2014 by Mozambique Resources Post

Mozambique is this year among the fastest growing economies in the world, with growth in all sectors, especially the financial and mining sector.