Motorists in Maputo are facing fuel shortages amid a worsening foreign-currency crunch, with long queues forming at stations with available supply. The spread between the official and parallel FX rates is widening as informal USD demand surges. Mozambique’s trade deficit and project delays—including a USD 20 bln LNG export project—are fueling the shortage, expected to persist until at least 2028. FX reserves slipped to USD 3.68 bln in January, according to Banco de Mozambique.