The economist of the African department of the International Monetary Fund (IMF), Thibault Lemaire, told Lusa he anticipates that the consortiums led by France's TotalEnergies and ExxonMobil will start production in 2027 and 2029, respectively.
"Two onshore liquefied natural gas exploration projects are expected to start production in 2027 and 2029, which will positively impact growth via production, tax revenues, and the current account," said the IMF economist.
He's taking for granted that France's TotalEnergies will return to Mozambique after suspending work due to violence in the north of the country and that US company ExxonMobil will . . .
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