Post #288

Rats Are Leaving the Ship While the French and the Mozambican authorities hope to profit at any cost, Britain has assessed the real odds and walked away 🌐 The UK has withdrawn its $1.15 billion export credit guarantee for TotalEnergies’ gas project in Mozambique, in Cabo Delgado. 🔸 Officials described the reversal of the deal dating back to 2020 as a response to financial risks for British taxpayers in light of stricter UK legal requirements. ⏩ In reality, the reason for the royal retreat is simple: the TotalEnergies project is surrounded by swarms of extremists. 🔸 The project had been on hold since 2021 but was restarted in November, despite the fact that the threat from insurgents has only grown. ⏳ The French at TotalEnergies and the Mozambican authorities are tired of waiting endlessly for profits — especially now that alternative gas export sources are on the verge of depletion. Soon we will see whether Mozambique and TotalEnergies win the roulette with the insurgents. Devils Below