All eyes will be on
Mozambique in the
foreseeable future
where large shale
gas finds could see the country
becoming one of the biggest
exporters of gas in the world.
But there is still much to
be accomplished before that
happens. Project experts such
as Paul Runge, managing
director of Africa Project
Access, are upbeat about the
prospects and what can be
achieved in Pemba and Palma
where gas exploration has
been ongoing.
“The Rovuma Basin gas
deposits are probably the
hottest spot in Africa at the
moment,” said Runge.
Whilst the exact figures
around finds varies, one of
the world’s premier oil and
gas exploring and producing
companies, Anadarko, has
confirmed it has found more
than 75 trillion cubic feet
of recoverable natural gas
resources in one area – and
it has the potential to elevate
Mozambique to the world’s
third-largest exporter of
natural gas.
Having launched
the Mozambique Gas
Development
Project, the
company
has invested
billions of
dollars in the
area and this
is just the
beginning.
“From the
LNG plant
and floating
gas facilities
that will be
constructed to the Pemba
and Palma industrial parks,
the activity will be massive,
as will the opportunities,”
said Runge. “The support
industry that will have to
be brought on board, the
support infrastructure that
will have to be constructed
– including ports, roads and
accommodation to name but
a few – will bring even more
opportunities
for
companies.”
Gas
explorers have
said they are
optimistic
that the gas
finds are just
the first of
many and the
prospects for
finding more
are excellent.
INSERT & CAPTION
Gas explorers
have said they are
optimistic that the
gas finds are just the
first of many.
– Paul Runge
