0
 

Mozambique outlook positive for offshore gas, clouds build onshore


Issue 329 - 05 Aug 2016
With sky-high prices apparently a thing of the past, the outlook is gloomy for liquefied natural gas (LNG) exporters, even in the most lucrative markets, such as Japan. With a predicted supply glut running into the next decade and price pressures accentuated by the fast-emerging spot market (for more on this see African Energy’s sister publication Gulf States News http://www.gsn-online.com/amid-shifting-global-gas-supply-gulf-states-emerge-as-their-own-best-market) only a few major projects are still expected to go ahead worldwide. In Africa, these include Eni’s Zohr field in Egypt and developments in Mozambique’s Rovuma Basin (as well as its smaller, more southerly fields supplying South Africa).

Want to read more?

Subscribe to African Energy

View subscription options

This article is available to registered users

Login

Don't have an account?

Register for access to our free content

An account also allows you to view selected free articles, set up news alerts, search our African Energy Live Data power projects database and view project locations on our interactive map

Register

Need help?

A member of our team will be pleased to assist you

Sales – Alex Wark

Support – Tara Mulvey

Tel: +44 (0)1424 721667

Want to see more articles like this?

Search our archive or set up custom notifications to be alerted about new content.