Looking ahead, Mozambique's long-term economic outlook could benefit significantly from its expanding gas export potential. Production at the Coral South floating LNG platform began in November 2022, and in October 2025, Eni approved the $7.2 billion Coral North LNG platform. S&P understands that TotalEnergies' $20 billion Area 1 LNG project could resume in the near future, contingent on continued improvements in the security situation in Cabo Delgado. The restart of Area 1 is also expected to accelerate progress on ExxonMobil's $30 billion Area 4 LNG project. The agency projects the budget deficit on a cash basis will remain wide, averaging 4.2% of GDP over 2025-2028 from 4.7% in 2024, assuming ongoing revenue shortfalls, spending pressures, and weaker growth. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.