Maputo, March 10, 2026 (Lusa) - Mozambican gas exports continue to grow, reinforcing its position as the nation's top export product, with a daily average of €4.8 million in the first half of 2025, according to official data.
According to this month's data from the Bank of Mozambique, detailing exports, sales of natural gas abroad rose from US$900.7 million (€782 million) in the same period of 2024 to US$1.006.5 billion (€874 million), equivalent to US$5.5 million (€4.8 million) per day, from January to June 2025.
This represents an increase of 11.7% in one year, explained in the document by higher prices and growth in export volume, and contrasts with the 27% drop in coal exports, which fell from US$1.025 billion (€890 million) in 2024 to US$744.1 million (€646 million) in the same period in 2025, losing its position as Mozambique's leading export.
The document justifies this drop in the value of exports by Mozambique due to "stoppages in the production of metallurgical coal by some companies in the sector", as well as the "cut in the railway line resulting from the bad weather" in March (2025), which "affected the flow of production", in addition to an 8.9% drop in the average price of the product on the international market.
Mozambique has three approved development projects for the exploration of natural gas reserves in the Rovuma basin, ranked among the largest in the world, off the coast of Cabo Delgado.
Eni's Coral Sul project is the only one in operation since 2022, with investment in a second floating extraction platform, called Coral Norte, approved last October in an investment of US$7.2 billion (€6.2 billion), which from 2028 will double production to 7 million tonnes per annum (mtpa) of liquefied natural gas.
After four years of suspension due to terrorist attacks in Cabo Delgado, the Mozambique LNG (Area 1) project, operated by TotalEnergies, worth US$20 billion (€17.4 billion), officially resumed in January and is expected to produce up to 13 mtpa from 2029, followed by the US$30 billion (€26.1 billion) Rovuma LNG project (Area 4), operated by ExxonMobil, with 18 mtpa expected after 2030, whose final investment decision is expected this year.
PVJ/AYLS // AYLS
Lusa
