{"id":39294,"date":"2023-05-23T17:46:48","date_gmt":"2023-05-23T17:46:48","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-lng-to-establish-development-foundation-in-cabo-delgado"},"modified":"2023-05-23T19:02:13","modified_gmt":"2023-05-23T19:02:13","slug":"mozambique-lng-to-establish-development-foundation-in-cabo-delgado","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-lng-to-establish-development-foundation-in-cabo-delgado","title":{"rendered":"Mozambique LNG to establish development Foundation in Cabo Delgado"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Mozambique. <\/strong><\/span>The consortium led by TotalEnergies to exploit gas in the Rovuma Basin in northern Mozambique will create a foundation to support development projects in that region, the French major announced today.<\/p>\n<p>\u201cMozambique LNG will establish a dedicated Foundation for the implementation of a socio-economic development program covering the whole territory of Cabo Delgado province, as part of a consistent and sustainable development strategy,\u201d reads a statement issued by TotalEnergies.<\/p>\n<p>The decision follows the recommendations contained in <b>a report by Christophe Rufin,<\/b> a consultant hired by TotalEnergies to assess the humanitarian situation and decide whether it can resume work, interrupted in 2021 after a nearby rebel attack.<\/p>\n<p>Rufin\u2019s assessment foresees the \u201cneed to anticipate the evolution in case the state of \u2018force majeure\u2019 is lifted\u201d, which will make it \u201cmore than likely that the Palma-Afungi region will register a massive influx of people\u201d.<\/p>\n<p>The state of \u2018force majeure\u2019 was invoked by TotalEnergies to suspend the construction of the natural gas liquefaction industrial complex, and it is still not known when it will be lifted, despite some construction work already taking place in the area.<\/p>\n<p>The foundation announced today will have a multi-annual budget of US$200 million and its actions \u201cwill be conducted in a coordinated manner with the activities carried out by the other development stakeholders present in the Cabo Delgado province\u201d.<\/p>\n<p>This Foundation will act under the name of \u201cPamoja Tunaweza\u201d (\u201ctogether we can\u201d in Kiswahili).<\/p>\n<p>The consortium also announced that it had started discussing with the Mozambican Ministry of Defence a revision of the memorandum of understanding under which the armed forces are stationed next to the gas project.<\/p>\n<p>Rufin argues that, thanks to the evolution of security conditions, \u201cany direct link between the consortium and the Mozambican army should be cut off\u201d<\/p>\n<p>The Mozambique LNG <b>action plan<\/b> is based on <b>14 recommendations made in Christophe Rufin\u2019s report<\/b>, which, together with the abovementioned action plan, were made available by TotalEnergies today<\/p>\n<p>In this regard, the Mozambique LNG partners have also announced measures to speed up the relocation of villages under the best possible terms for the population, with, for example, all receiving compensation by September and granted access to agricultural areas.<\/p>\n<p>The president of TotalEnergies, Patrick Pouyanne\u0301, told investors at the end of April that it was premature to consider a resumption of the project, saying that disagreements with contractors over extra costs still persisted.<\/p>\n<p>Mozambique is basing many of its economic growth expectations for the coming years on the relaunch of the investment of around \u20ac20 billion, one of the largest private investments in Africa.<\/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. The consortium led by TotalEnergies to exploit gas in the Rovuma Basin in northern Mozambique will create a foundation to support development projects in that region, the French major announced today. \u201cMozambique LNG will establish a dedicated Foundation for the implementation of a socio-economic development program covering the whole territory of Cabo [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":39293,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3],"tags":[233,281,283],"class_list":["post-39294","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-community","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>Mozambique LNG to establish development Foundation in Cabo Delgado - 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