Mozambique remains a major focus of investors in African oil and gas projects, despite delays due to insurgency in the northern Cabo Delgado province. The attraction is an estimated reserve of over 150 million cubic feet of natural gas in the Rovuma basin. It has three large LNG projects under way, which could position the country as one of the top 10 global suppliers of liquefied natural gas LNG. A second offshore platform is due to come on stream in 2028. ENI, which started producing LNG on its Coral Sul platform in November 2022, will build a second plant at Coral Nort, around 10 kilometres from its existing Coral Sul platform. According to ENI, the Coral Sul FLNG was the first floating natural gas liquefaction unit built for the African continent, and the third of its kind in the world. Coral Nort will have a production liquefaction capacity of 3.6 million tons a year MTPA, a little higher than Coral Suls 3.4 MTPA. Onshore, Total Energies has lifted its force majeure and is due to restart work on its 12.9 MTPA processing facility by the end of this year. ExxonMobil, the developer of a second onshore gas train, still has a force majeure declaration in place, but is close to lifting it, according to reports. Namibia is attracting interest through investor- friendly legislation. An upstream petroleum unit has been established to oversee exploration and production activities, according to interim Mines and Energy Minister Frans Kapofi. He was speaking at the tabling of the Petroleum Exploration and Production Amendment Bill of 2025 in Parliament. Despite technical geological and engineering challenges in exploiting the offshore reserves in the Orange Basin, Kornelia Shilunga, special advisor and head of the upstream petroleum unit for the office of the presidency, told African Energy Week AEW 2025 that the first commercial oil production was expected in 2029-2030. South Africa, which is facing a gas cliff when Mozambiques Pande and Temane fields run dry around mid-2028, is promoting investment through Operation Phakisa. According to the government, there is an estimated nine billion barrels of oil and 60 trillion cubic feet of gas the equivalent of 11 billion barrels of oil off South Africas coast. There is a continent-wide search for hydrocarbon reserves. According to the African Energy Chambers 2025 Outlook Report, West and North Africa will lead capital expenditure Capex spending over the next year, with natural gas accounting for 60 of total investment until 2030. ER
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But the government remains hopeful that it will yet be included to benefit from duty-free access to the US market.
