News
26 April 2022

Mozambique eyes sovereign wealth fund for $96bn natural gas exports

In:
Oil & gas
Region:
Middle East & Africa

As Mozambique prepares to export natural gas, eyeing $96 billion in revenue, it plans to set up a sovereign wealth fund toward the end of 2022. Authorities are finalising the draft legislation that will govern the fund, Bloomberg reported, citing the country's finance Minister Max Tonela. The...

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