Why is Mozambique a major energy exporter?

Mozambique is a net exporter of energy to countries in the Southern African Power Pool (SAPP) – South Africa being the largest importer. The government view energy exports as a key driver of the Mozambican economy, having passed a new electricity law that simplifies permitting and encourages IPPs activities.

Can Mozambique become a power exporter?

South Africa has a critical shortage of electricity, and Zambia and Zimbabwe also require power. There is a significant opportunity for Mozambique to increasingly become a power exporter. One of the big challenges of Mozambique is its size and shape, which make the transportation of electrons across the country quite expensive.

Does Mozambique have a natural gas export potential?

Investments in local content and robust infrastructure are essential for ensuring sustainable benefits and maximizing Mozambique’s natural gas export potential. Mozambique, a country located in southeastern Africa, is home to some of the world’s most significant natural gas reserves (ITA, 2024).

How big is Mozambique's natural gas reserves?

Mozambique’s natural gas reserves, exceeding 100 trillion cubic feet, rank among the largest globally, fueling potential for significant economic growth and global energy market impact.

Is battery storage a key technology for Mozambique's future?

Globeleq sees battery storage as a key technology for Mozambique’s future. Storage costs are expected to continue decreasing, so those systems will become more competitive and will be able to contribute more.

Is Mozambique an LNG exporter?

Coral South commenced LNG exports in 2022, marking Mozambique’s debut as an LNG exporter. Another notable project is the Mozambique LNG project led by TotalEnergies. This onshore initiative, with a production capacity of 12.9 million tons of LNG per annum, represents one of the largest foreign direct investments in Africa.