Reuters reports that TotalEnergies’ liquefied natural gas (LNG) project in Mozambique could be back on track within the next 18 months.
The president of the African Development Bank (AfDB) Akinwumi Adesina said that African armies had been deployed to help quell an insurgency.
He told Reuters that he did not expect the interruption to affect the LNG project’s long-term viability. “The return of security in that place will give assurances to Total and others to return,” he said. “In one year to 18 months, I expect it to be stabilised enough to get back on track.”
TotalEnergies declared force majeure at the USD20 billion Mozambique LNG project during April, as HLPFI reported here.