Natural Gas World
  • Natural Gas News

    CNBC Africa: Mozambique's Big Oil and Gas Boom

    old

Summary

Deloitte adviser: Mozambique could become a major player in the gas industry as it is sitting on 100 tcf, an amount that puts it on par wit Qatar 30 years ago

by: Erica Mills

Posted in:

Press Notes, Africa

Print This Article

CNBC Africa: Mozambique's Big Oil and Gas Boom

More than 100 trillion cubic feet of gas has been found in Mozambique and could see the country as a major global player in the sector.

“You could potentially compare Mozambique to Qatar in the Middle East maybe 30 years ago when they made those huge gas discoveries and then they became the largest LNG exporter in the world,” said Claude Illy, head of oil & gas and M&A advisory, sub-Saharan Africa, corporate finance advisory at Deloitte & Touche.

Read the full article HERE.

Related Articles