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World Bank Report Places Mozambican Gas Reserves Top List

Tuesday, January 20, 2015

The World Bank’s Global Economic Prospects report tags Mozambique with the largest natural gas deposits in sub-Saharan Africa.

“Natural gas fields in the deep waters of Mozambique have reserves higher than in Angola or Nigeria, the two largest oil producers in sub-Saharan Africa,” the report said.

The IMF recently said that Mozambique’s natural gas production could potentially boost Mozambique’s growth rate by 2% annually.


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