Mozambique: Gas Bonanza is a Myth, Detailed CIP Study Shows

Gas will generate billions of dollars in state revenue, but much less than predicted and not for a decade. Other investments in agriculture and mineral processing would generate more money – and more development – sooner. This is the conclusion of the what is probably the first detailed study of gas contracts and state revenue, done by Rui Mate of CIP (Public Integrity Centre) and presented Tuesday (12 May). What does Rovuma Gas actually bring to Mozambique?

Mate looked only at one of the four…