Four of the five largest oil and gas discoveries in the world this year have been made offshore...

|By:, SA News Editor
Four of the five largest oil and gas discoveries in the world this year have been made offshore Mozambique, with Eni (E) and Anadarko (APC) sitting on as much as 85tcf of recoverable gas. The area's remoteness and lack of infrastructure means heavy spending will be needed on roads, railways and ports even before expensive new terminals are built to liquefy the first gas expected in 2018-19.