Mozambique urges private sector to boost LNG-led growth

APO Group - Africa · July 24, 2026 · ✓ verified

Mozambique President Daniel Chapo has called on the private sector to turn more than $50 billion in Rovuma Basin LNG investments into broader economic growth.

  • Chapo said the government wants the LNG projects to accelerate industrialization, local capacity, skills jobs, and stronger Mozambican contractors and SMEs, with local content framed as an economic development tool.
  • The article cites major projects including Coral South FLNG (operational), Coral North FLNG (2028), Mozambique LNG (2029), and Rovuma LNG (FID targeted for 2026 or 2027), with combined capacity of over 40 million tons per annum; it also notes potential attraction of data centers and AI infrastructure as energy supply improves.
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