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Home Extractive industry Potential Revenues from Rovuma: Implications of the 2006 Contracts for Government Income

Potential Revenues from Rovuma: Implications of the 2006 Contracts for Government Income

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PotentIal Revenues from Rovuma: Implications of the 2006 Contracts for Government Income

How much revenue will Mozambique get from natural gas in the Rovuma Basin? Some say as much as $4-5 billion annually by the mid-2020s. But the producers of these projections, the Gas Master Plan and the IMF, are now backtracking. Realistic assumptions on the timing of first exports and pace of development suggest only about $1.2 billion in 2026. And many additional deductions that will reduce company payments have yet to be taken into account.

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