Tuesday, June 27, 2023

Mozambique’s gas wealth - Insurgents shut down huge energy project | DW Documentary

 


Mozambique could be one of the world’s largest energy suppliers. Huge natural gas reserves are located off the country’s northern coast. But they are not being exploited - because of a brutal insurgency involving Islamist militants. When giant natural gas fields were discovered off Mozambique’s coast, Western investors came in droves. French company TotalEnergies was among those to secure a lucrative license. In 2019, it pledged to invest 20 billion US dollars by 2024. The first gas deliveries were to begin in 2024.






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