Mozambique’s huge natural gas reserves are attracting a lot of interest from international investors, news agency Reuters reports.

According to the media outlet, Mozambique has an estimated 5.1 trillion cubic metres of gas, or enough to supply Germany, Britain, France and Italy for 18 years.

“Mozambique achieved a lot over the last two months with the passing of enabling legislation. Standard Bank is hopeful that a final investment decision can be reached this year,” Paul Eardley-Taylor of Standard Bank Oil and Gas told Reuters.

David Constable, the chief executive of South African petrochemicals group Sasol, said Mozambique remained a priority for his company.

Mozambique has recently extended by more than three months a bidding round for gas licences.