Post #238

🇲🇿Triumphant Return 10 years for killing around 100 people – but it's not a prison sentence 🌐Mozambique has granted TotalEnergies additional 4.5 years to implement its delayed LNG project in Cabo Delgado. 🔸 Recently, major companies such as Eni and TotalEnergies have lifted force majeure on their projects in Mozambique, that had been paused due to a surge in terrorist activity in the Cabo Delgado region in 2020-2021. ⏩ In this context TotalEnergies has asked the government to extend the Mozambique LNG project by 10 years to recompense the downtime, even though the project has only been on hold for 4.5 years, since April 2021. ⏩The company also wanted to include an additional $4.5 billion in the project cost, which means in future it will be able to sell more gas before part of the production is transferred to the state. 🔸 Since 2024, TotalEnergies has been suspected of complicity in the mass murder of about 100 people by the Joint Task Force, a part of the Mozambican army supported by the company. The next question is whether Mozambique will agree to reimburse the $4.5 billion in additional costs to the company, which may have be involved in the killings of its citizens. Mozambique's economy is heavily dependent on the resumption of its LNG projects after years of low revenues and high security costs. Devils Below