On 25 August, Ghana Web reported that there’s a real danger that the investment in the LNG fields off Tanzania could go up in smoke even before it gets properly started thanks to the proliferation of terrorism in the region.  Failure of the LNG projects to take off could deal a severe blow to Mozambique, the world’s 6th poorest nation, as well as President Nyusi’s government, which is desperate to attract foreign investment. A notorious terrorist organization that has aligned itself to the Islamic State has claimed responsibility for dozens of attacks especially in the Cabo Delgado province. Last year, the Mozambican government approved the Rovuma LNG Development Plan, which is headed by oil majors ExxonMobil and ENI.


Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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