Following a period of relative peace established by Rwandan Defence Force soldiers and combined forces acting under the auspices of the Southern African Development Community, attacks and kidnappings have again flared up.
Road freight operators will have to get to the Port of Pemba, about kilometres south of Palma. Fitzmaurice said although the road north from the Port of Nacala, further south of Pemba, had been upgraded, it was inadvisable to drive all the way to the Rovuma Basin where the LNG fields are located. This decision follows the UK's reevaluation of its policy regarding fossil fuel support and mounting legal and political pressures related to climate commitments made at COP However, the project was suspended less than a year later due to terrorist attacks in Cabo Delgado province, where the project is located.
The current British Labour government aims to reduce funding for fossil fuels to accelerate the energy transition, in line with pledges made at the UN Climate Change Conference COP However, sources indicate concerns about potential legal repercussions if the UK decides to withdraw its funding. A British government official described the situation in Mozambique as "a bloody nightmare", citing concerns about the volatile situation on the ground.
The uncertainty surrounding the project could lead to a significant financial deficit for the Mozambique LNG consortium, potentially requiring a renegotiation of financing mechanisms and further delays. The French energy multinational is seeking to resume operations, but the project's timeline has already been pushed back from the initial target of to If the UK withdraws its funding, TotalEnergies and the Mozambican government may need to find new sources of investment to continue the natural gas exploration.
The project, considered a key element in diversifying the Mozambican economy, faces increasing uncertainty due to ongoing instability, environmental pressures, and shifting global energy policies. View the discussion thread. Digitally deliverable services such as computer, financial, business and insurance services were the main drivers of growth. All the leading value-added sectors are under pressure, which puts clearing and forwarding agents dependent on these sectors at risk.
