VOICED : Mozambique's gas boom dream under threat

Mozambique discovered vast offshore gas reserves in 2010, sparking dreams of economic transformation akin to Qatar. Local fishermen anticipate job creation and infrastructure development. However, the project faces delays due to falling gas prices and postponed investments. A debt scandal involving secret loans has further complicated matters, leading to IMF intervention. The government must first address its debts before reaping gas revenues. Initially expected by 2016, gas exports are now projected for 2022, crucial for the many Mozambicans living in poverty.

What was the initial hope for Mozambique after discovering gas reserves?

• To become a leading oil exporter

• To focus on agricultural expansion

• To transform into an African Qatar

• To develop a new fishing industry

What has caused delays in the Mozambique gas project?

• Lack of local workforce

• Environmental concerns

• Collapse in gas prices

• Political instability

Why are villagers being relocated in Mozambique?

• Because of rising sea levels

• To improve agricultural productivity

• Due to the expansion of the gas project

• To make way for a new airport

What financial issue has affected the Mozambique gas project?

• A massive debt scandal

• High inflation rates

• Currency devaluation

• A drop in foreign investments

When is the new estimated timeline for Mozambique's gas export readiness?

• 2020

• 2018

• 2022

• 2024