• Mozambique Country Profile

Mozambique Focus

Population 2021: 32 077 072 (1)
Land Area: 786 380 km2 (2)
Coastline: 2.470 km (1.534 miles) (3)

INFRASTRUCTURE

  • 7 ports creating entry & exit points for inland neighbours (4)
  • Multiple international airports
  • Over 30 000 km road network (5)
  • Over 4.787 km of rail systems (5)

GOVERNMENT

  • Politically stable
  • Multi-party democracy
  • Resilient economic growth currently estimated at 6.5% for the 2023-2024 period (6)
  • Mining Law 2014 in place (7)
  • 6% Production Tax (7)
  • Mining concessions valid for 25 years and can be extended for a further 25 years (7)

Major Projects in Mozambique

MAJOR PROJECTS

LNG Projects in Mozambique

  • Mozambique has one of the world’s largest natural gas reserves and has the potential to become a world leading LNG producer.(8)
  • The country discovered huge offshore gas reserves in the Rovuma Basin, estimated to hold over 500 billion cubic meters of natural gas.(9)
  • Major LNG investors include Total, Eni, ExxonMobil, CNPC, and Sasol.
  • LNG Investments are projected at USD 55 billion which is equivalent to 4 times Mozambique’s GDP.(10)

Total Energies LNG plant (2019). (11)

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