Mozambique's gas boom dream under threat

4,168 views · Published 7 May 2017 · 2:09 · Indexed 26 October 2026

Channel: AFP News Agency · 2017 · News & Politics

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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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