The Economic Times: Mozambique Turns 40; Focuses on Leveraging Natural Gas for Better Future

Mozambique turned 40 on Thursday, mixing formal military parades with exuberant African dancing as it turned from a generation of civil war and poverty to look to a more prosperous future, powered, it hopes, by vast amounts of natural gas. 

In contrast to the early years of independence from Portugal in 1975, when the challenge was navigating the choppy waters of the Cold War, the southern African nation's leaders now face the burden of the growing expectations of its 26 million people.

Underpinning the national optimism in this $17 billion economy is the prospect of massive revenues from an estimated 180 trillion cubic feet of off-shore gas - enough to supply Germany, Britain, France and Italy for nearly two decades. 

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