Mozambique Exports First LNG To Help Ease European Crunch

By Matthew Hill and Borges Nhamire

Nov 13, 2022 (Bloomberg) –Mozambique flagged off its first shipment of liquefied natural gas, exports that could help ease Europe’s energy crunch as Russia squeezes supplies.

For Mozambique — one of the world’s poorest nations — it marks the end of a decade-long wait to monetize one of Africa’s largest offshore gas fields. President Filipe Nyusi announced the cargo’s departure in a statement Sunday. 

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