Mozambique

Mozambique: Financial Outlook Improves on Eni Gas Deal and IMF Flexibility

In what was widely seen as a major boost for Mozambique’s investment appeal, on 1 June Eni made a final investment decision (FID) to proceed with its FLNG Coral project in Area 4 of the Rovuma basin. This decision, which we predicted in our 25 May 2017 Latest Analysis, is a necessary step for further FIDs by other players, and will help realize Mozambique’s vast potential as a gas producer.


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