Spanish conglomerate Pamesa has expressed interest in investing in Mozambique’s liquefied natural gas (LNG) sector, according to an announcement by the country’s Presidency.
The group also outlined plans to establish sports academies aimed at training local youth, signaling a broader engagement strategy beyond pure energy infrastructure.
The development arrives as Mozambique intensifies its diplomatic outreach to secure European capital for its energy ambitions.
The country’s president is scheduled to attend the EurAfrican Forum in Cascais as the guest of honor, a move designed to highlight the nation’s potential to international investors.
This latest expression of interest from a Spanish entity adds to the growing list of European firms exploring opportunities in the region’s gas markets.
Mozambique’s economic projections hinge heavily on the successful development of its LNG resources.