LNG

Mozambique is in the throes of an insurgency by Islamic State-linked militants who attacked the northern Mozambique town of Palma. Pictures of the attack show scenes of absolute carnage and a hectic rescue mission to save survivors who were being hunted down by insurgents [WATCH]. The attack happened close to the multi-billion dollar Mozambique LNG project under development by TOTAL. The Mozambique LNG Project started with the discovery of a vast quantity of natural gas off…

Like the saying, “no good thing comes easy”! Here is another classical situation in the LNG booming nation of Mozambique. Reports from Bloomberg suggests that the nation is battling islamic state-link fighters that are attempting to seize a Mozambique LNG port town. More so, this town is a key logistics link for a $23 billion natural-gas project that Total SE is building, according to Risk Advisory Group. Andrew Harding, a BBC Africa correspondent says the loss…