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Project Insights

Terror threat looms large in Mozambique

The deteriorating security situation in Cabo Delgado could make Anadarko’s LNG project more expensive, but financing is moving despite the arrest of Mozambique's former finance minister The deteriorating security situation in Cabo Delgado could make Anadarko’s LNG project more expensive, but financing is moving despite the arrest of Mozambique's former finance minister.
By Leigh Elston 17 January 2019 Middle East & Africa / LNG 0 33846
Anadarko personnel in Mozambique. (Anadarko)

The key issue: Anadarko’s camp in northern Mozambique was in lockdown again on Sunday following fresh attacks by insurgents as Palma residents launched protests against the deteriorating security situation – and the government’s inability to handle it.

Interfax analysis: Insurgents attacked a passenger truck on its way from the Mozambican town of Palma to nearby Olumbi at around midday local time on Sunday, killing between nine and 15 people. While such attacks will not derail Anadarko’s 12.8 mtpa LNG project, which will use Palma as...