Natural Gas World
  • Natural Gas News

    Bloomberg: Militia Clashes Add to Woes as Mozambique Awaits Gas Bonanza

    old

Summary

Despite Mozambique's huge gas potential, economic and militant turmoil mean the country has had to turn to the IMF for emergency funding

by: Erica Mills

Posted in:

Press Notes, Africa

Print This Article

Bloomberg: Militia Clashes Add to Woes as Mozambique Awaits Gas Bonanza

Eighteen months ago, Mozambique was hailed by International Monetary Fund boss Christine Lagarde as a lodestar for African economic development. Now, with an anticipated natural gas-driven boom still years away, it has turned to the IMF for emergency cash to shore up its finances.

Read the full article HERE.

Related Articles