Mozambique's gas boom dream under threat

[Article] The small, palm-fringed fishing town of Palma was meant to become a symbol of Mozambique's glittering future, transformed by one of the world's largest liquefied natural gas projects. But construction has fallen far behind schedule and the town's fate is uncertain after gas prices fell and the government became engulfed in a $2 billion debt scandal.

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This stretches of golden beach in Palma in Mozambique could soon give way to a thriving concrete jungle. Since vast gas reserves were discovered offshore in 2010, the country has dreamed of becoming an African Qatar. And impoverished local fishermen are waiting impatiently for development.Pedro Abudu...
This article was published Wednesday, 4 October, 2017 by AFP (293 words)
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