Mozambique's gas reserves power industrial revolution

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.