Exxon gas project may boost Mozambique by R183bn a year, says Standard Bank
Author: news24.comPublished on: June 8, 2026Country: Mozambique
Business & Economy

Exxon's gas project in Mozambique could boost the country's economy by R183 billion per year, according to Standard Bank. The project, aimed at exploiting natural gas reserves, could have a significant impact on Mozambique's economic growth and tax revenues. However, the article also notes potential challenges related to security and investment.
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