Security officials stand guard as people wait for a ship carrying over 1,000 people fleeing Palma
Further delays likely for Mozambique LNG
A fresh assault on Palma will at the very least slow planned liquefaction developments
Mozambique’s future as a major LNG exporter is once again in doubt after insurgents launched a major assault just one day after Total announced plans to resume work in the country. However, analysts believe international investors will continue to pursue at least the bulk of the planned developments. Following the attack on Palma, close to the site of Total’s planned LNG project, the French major once again suspended its operations in Mozambique and reduced staffing to minimum levels. Total has already made significant investment in its 13.1mn t/yr Mozambique LNG (Area 1) project and said before the attack that it was on track to begin production in 2024. “The ExxonMobil-led LNG scheme
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