Exxon gas project may boost Mozambique by R183bn a year, says Standard Bank

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

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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