In an address to the nation on Sunday, Filipe Nyusi stated that the LNG cargo is the first to be made in accordance with the long-term purchase and sale deal with BP, which includes all LNG produced in Mozambique.
"It is with great honor that I announce the start of the first export of Liquefied Natural Gas (LNG), produced in the Rovuma, in Mozambique, by the Coral Sul FLNG Project. The British Sponsor ship departs Mozambican waters for the international market. "
The Mozambican statesman declared that "Today, Mozambique enters the annals of world history as one of the exporting countries of liquefied natural gas, which, in addition to representing an alternative source of supply, greatly contributes to energy security in countries with the highest consumption."
In his address to the country, Nyusi stated that the completion of this international project is evidence of the market's recognition that Mozambique provides a stable, transparent, and predictable environment for the realization of multibillion-dollar investments, where high technology stands out in order to monetize resources during a phase of energy transition.
"But we urge Mozambicans not to see gas development as the best and only option for our ambition to build Mozambique. In our traditional industries like agriculture, fishing, tourism, and energy generation projects, among others, they must maintain and significantly boost production and productivity".
Huge natural gas resources, the largest ever found in Sub-Saharan Africa, were found in the northern Cabo Delgado province in 2010, and Mozambique has great expectations for them.
Mozambique could be one of the top ten exporters in the world once its potential is realized.
Africa has more than 620 trillion cubic feet of natural gas reserves, according to the BP 2021 Statistical Review of World Energy.
Leaders want to promote action plan for industrialization through the production of LNG for both domestic and international consumption.
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