Critical year ahead for Rovuma Basin’s gas giants in waiting

In depth
Issue 292 - 15 Jan 2015 | 6 minute read

Impressive reserves announcements have fuelled speculation about an East African gas boom based on the Rovuma Basin offshore Mozambique and Tanzania, and projections of Asian demand and prices. However, how far Africa’s east coast will go in developing export liquefied natural gas (LNG) plans, local industries and gas-fired power generation that might have a ‘transformative’ impact on Mozambique, Tanzania and potentially the wider region remains questionable. African Energy’s analysis of current industry and policy trends suggests that Mozambique is ahead of Tanzania in a race to develop a viable export industry, as East Africa’s wannabe gas giants enter a crucial year.

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