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    Reuters: Mozambique Coal - Boom to Bust to Wait It Out

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Summary

Analysts say that Mozambique's boom on coal is ending and the country is now looking to natural gas to make its money

by: Erica Mills

Posted in:

Press Notes, Africa

Reuters: Mozambique Coal - Boom to Bust to Wait It Out

Mozambique's coal rush is officially over and the government is now looking offshore to a gas bonanza, according to analysts at a coal conference this week in the capital Maputo.

Just a few years ago, billions of dollars poured into Mozambique, one of the world's poorest nations, in a twin scramble for inland coal and offshore gas.

Read the full article HERE.