Mozambique looks to harvest energy reserves

Investors pour into country after reserves of natural gas twice the size of Saudi Arabia discovered.

    More than half the population of Mozambique's run-down capital Maputo live in poverty, despite the country being one of the world's new energy hotspots.

    Huge reserves of natural gas have been discovered off the coast, part of an enormous block experts say is twice the size of Saudi Arabia's.

    Investors are already pouring in, a $1bn redevelopment of the waterfront is planned and there could be many more benefits if the government can keep up.

    But the government lacks infrastructure and skilled Mozambicans. At the moment the only existing gas plant is run by the South African company Sasol.

    Although the vast majority of the gas will be exported, some believe that Africa's resources should stay in Africa.

    Al Jazeera's Tania Page reports from Maputo.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    How Moscow lost Riyadh in 1938

    How Moscow lost Riyadh in 1938

    Russian-Saudi relations could be very different today, if Stalin hadn't killed the Soviet ambassador to Saudi Arabia.

    Interactive: Coding like a girl

    Interactive: Coding like a girl

    What obstacles do young women in technology have to overcome to achieve their dreams? Play this retro game to find out.

    The War in October: What Happened in 1973?

    The War in October: What Happened in 1973?

    Al Jazeera examines three weeks of war from which both Arabs and Israelis claimed to emerge victorious.