{"id":26244,"date":"2022-09-14T15:15:28","date_gmt":"2022-09-14T15:15:28","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/president-wants-resumption-of-lng-projects-output-boost"},"modified":"2022-09-14T15:27:53","modified_gmt":"2022-09-14T15:27:53","slug":"president-wants-resumption-of-lng-projects-output-boost","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/president-wants-resumption-of-lng-projects-output-boost","title":{"rendered":"President wants resumption of LNG projects, output boost"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Mozambique. <\/strong><\/span>Mozambique\u2019s president, Filipe Nyusi, called on Wednesday for oil companies to resume gas projects in Cabo Delgado, considering that there is more security than before the attack on Palma and global demand requires it.<\/p>\n<p>\u201cThe success in combating terrorists in the Moc\u00edmboa da Praia \u2013 Palma axis, which includes roads and access to the port, provides a situation of greater stability\u201d than before the attack on the town in March 2021, the head of state said at a conference on gas in Maputo.<\/p>\n<p>On the other hand, the new context, particularly with the cut-off of gas supplies from Russia to Europe, allows Mozambique\u2019s supply to go \u201cbeyond the volumes to be produced\u201d estimated by the initial studies of the projects.<\/p>\n<p>\u201cThe rise in energy commodity prices appears favourable to the profitability of investments,\u201d he stressed, emphasising that the figures are well above the models used in 2019 to launch the Rovuma basin projects.<\/p>\n<p>\u201cIn this context, we expect that development activities will be resumed by the concessionaires of area 1,\u201d the consortium led by TotalEnergies and which suspended the construction of the gas liquefaction plant due to deteriorating safety conditions.<\/p>\n<p>Similarly, Nyusi advocated the final decision to invest in area 4, led by ENI and Exxon, \u201cas soon\u201d as possible.<\/p>\n<p>The president said he would hold \u201cmore specialised meetings\u201d with the sector to study \u201cother support measures to maintain security\u201d.<\/p>\n<p>\u201cThe terrorists are on the run\u201d, and the \u201cDefence and Security Forces (FDS) are stabilising all affected districts\u201d, with local administration and public services returning, he added.<\/p>\n<p>\u201cLast week, there were more than 10,000 people in Palma,\u201d he added, inhabitants that \u201care also timidly beginning to return to Moc\u00edmboa da Praia,\u201d he concluded.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/mozambique\">Mozambique<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Mozambique. Mozambique\u2019s president, Filipe Nyusi, called on Wednesday for oil companies to resume gas projects in Cabo Delgado, considering that there is more security than before the attack on Palma and global demand requires it. \u201cThe success in combating terrorists in the Moc\u00edmboa da Praia \u2013 Palma axis, which includes roads and access [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":26243,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[233,281,283],"class_list":["post-26244","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>President wants resumption of LNG projects, output boost - 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