Monday, April 26, 2021

France's Total Suspends $20 Billion Mozambique Gas Project Over Jihadist Attacks

France 24: France's Total suspends Mozambique gas project over jihadist attacks 

French energy giant Total on Monday confirmed it is suspending work on a massive $20 billion gas project in northern Mozambique following the latest jihadist assault on a nearby town last month. 

"Considering the evolution of the security situation... Total confirms the withdrawal of all Mozambique LNG [Liquefied Natural Gas] project personnel from the Afungi site," the company said in a statement. 

Total added that it was declaring a "force majeure" situation beyond its control, a legal concept meaning it can suspend fulfilling contractual obligations.  

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More News On Total Suspending $20 Billion Mozambique Gas Project Over Jihadist Attacks 

Mozambique gas project: Total halts work after Palma attacks -- BBC  

Total declares force majeure on Mozambique LNG after insurgent attacks -- Reuters  

Exclusive: Refugees recount brutal attack by Islamist insurgents in Mozambique's Palma -- France 24  

France's Total Evacuates Staff, Announces Force Majeure on LNG Project in Mozambique -- Sputnik

2 comments:

  1. This is a huge blow to Mozambique. I am mozambican and I can tell you what does it means.

    ReplyDelete
  2. I'm sure it's not an acceptable situation, anon. Your family and friends back there have my sympathies.

    ReplyDelete