Mozambique's Plan to Invest 60% of LNG Revenues in Industrialization Projects
Latest Tanzania energy news · Mozambique's Plan to Invest 60% of LNG Revenues in Indu… explained · updated Aug 6, 2026 · energy news · power · electricity
TLDR
- She said Mozambique expects LNG production capacity to increase from 3.4 million tonnes annually to 38 million tonnes by 2028, making proper management of resource revenues critical for long-term growth.
- Ministers from Mozambique, Nigeria and Senegal made the call yesterday during the opening of the two-day Africa50 General Shareholders’ Meeting and Infra for Africa Forum in Dar es Salaam, where leaders discussed ways.
- Ms Loveira said Mozambique has introduced measures to ensure revenues from its growing Liquefied Natural Gas (LNG) sector contribute directly to national development.