Rovuma Basin: Mozambique’s Gateway to Tripled Natural Gas Revenues

In the first quarter of 2024, Mozambique’s natural gas exports soared by 30%, reaching $340.9 million. This growth stems from the launch of operations in Area 4 of the Rovuma Basin. This occurred despite a 43.5% drop in global market prices. The Mozambique Central Bank report underscores this increase, noting the country as Africa’s third-largest […]