Natural Gas Monetization Binds Africa And Mozambique’s Oil And Gas Industries
Mozambique is already benefiting from its collaboration with the African Energy Chamber, the largest energy industry lobby group in the continent.
For many years, and as it was pursuing ambitions to become a global LNG exporter, Mozambique has struggled to generate enough energy for its domestic market. We are now about to see an energy revolution thanks to great gas discoveries made by international investors over the past decade. While international technological innovation and skillful know-how will be driving such projects, we must all push for a transfer of knowledge throughout the development of Mozambique’s LNG projects.
The need for more collaboration and shared experience among African energy experts is going to be critical for Mozambique as it pushes towards monetizing massive gas discoveries. Similarly, recognizing that the state and the private sector need to play a role in the development of critical energy infrastructure to pave the way for domestic gas utilization will be key to Mozambique’s development and also solving energy poverty issues.
“Mozambique can learn from the success and struggles of other African countries on the critical role of gas in our development,” stated Florival Mucave, President of the Mozambique Oil & Gas Chamber, who firmly believes that increased collaboration between upstream and downstream players across the value-chain will benefit Mozambique.
Click on the link below for full report