Mozambique and LNG projects threatened by Islamist extremists
The escalation of violence and armed conflict has raised pressing questions over the future of liquefied natural gas investments
Cabo Delgado province in the northern-most part of the long Mozambican seaboard is now home to Africa’s three largest liquefied natural gas (LNG) projects. These have attracted many of the world’s major multinational energy companies, accompanied by massive LNG investments.
There can be little doubt that the discovery of rich LNG reserves is a potential game-changer for Mozambique’s economy and the development agenda of the country. It is potentially an opportunity for the rapid advancement of a country that ranks close to the bottom of the UN’s human development index. World Bank data annually ranks Mozambique among the poorest countries in the world. ..
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