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Country Risk

Mozambique Grows Impatient Over Major Gas Delays

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  • Mozambique’s President Filipe Nyusi is pressing TotalEnergies to lift force majeure on the $20 billion Mozambique LNG project that it imposed in April last year due to militant attacks in the province of Cabo Delgado.
  • Nyusi says security in the volatile northeast region is improving, but outbreaks of violence in surrounding areas suggest Maputo’s grip on the country as a whole is weakening.
  • Total has launched a “massive” campaign to provide humanitarian help to Cabo Delgado, aware that a purely military solution will never bring peace.

Mozambique’s aspirations to become a gas and LNG powerhouse hinge more than ever on the long-term stability of Cabo Delgado, the northeast region that is as far from the capital Maputo as Paris is from Kyiv, and contains all of the country’s giant deepwater reserves. At a conference this month in Maputo, President Nyusi voiced his frustration at the lack of progress with ongoing LNG projects around the two big concessions — Areas 1 and 4 — and said security in Cabo Delgado was improving.

Topics:
Security Risk , Military Conflict, LNG Projects, Floating LNG
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