Mozambique conflict stalls world’s costliest natural gas investment

By now, the government in Maputo should have been counting with keen anticipation the remaining period before what is currently the world’s single largest energy development investment, the French oil major Total’s US$20 billion natural gas development project in the former Portuguese colony of Mozambique, bears fruit. Instead, the initiative to recover an estimated 65 trillion cubic feet of liquefied natural gas, an accomplishment that could completely transform the country’s economic fortunes hangs in a delicate balance following Total’s withdrawal from the site which was expected to commence gas production in 2024.