Looming elections push Mozambique LNG startups towards 2030

Two big onshore developments face further delay as lenders wait on poll results within the country and in the US

Concrete progress on the two huge proposed onshore LNG export projects in Mozambique would be welcomed by all involved. Buyers are anxious for the supply diversity this would bring in a business increasingly dominated by the US and Qatar, especially as a global supply-demand gap is expected to emerge early in the 2030s. The sponsors of the projects, led by major international oil and gas companies (IOGCs), are keen to get on with construction of what will be huge revenue generators when they are finally up and running. Most of all, the population and government of Mozambique—home to 30m people—are eagerly anticipating the economic benefits the project would bring. Despite economic progress o