Issue 4 - 02 Jul 1998
The undoubted potential of Mozambique's gas reserves may finally be unlocked as big ticket industrial schemes with South African and other international partners, led by the $1.34bn Mozal smelter in Maputo, seem set for take-off. These schemes intend to mobilise cheap power by developing offshore gas reserves, led by Enron's Pande field, and hydropower resources drawn mainly from the Zambezi river; in turn, these projects are the driving force behind a series of large industrial schemes taking advantage of Mozambique's proximity to South Africa.
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