{"id":6688,"date":"2021-09-29T19:12:05","date_gmt":"2021-09-29T19:12:05","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/?p=6688"},"modified":"2021-09-29T16:12:19","modified_gmt":"2021-09-29T16:12:19","slug":"mozambique-maputo-wants-to-restart-natural-gas-project-earlier-than-planned","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-maputo-wants-to-restart-natural-gas-project-earlier-than-planned","title":{"rendered":"Mozambique: Maputo wants to restart natural gas project earlier than planned"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong><a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a> &#8211; <a href=\"https:\/\/www.africa-press.net\/mozambique\">Mozambique<\/a>. <\/strong><\/span>Mozambique\u2019s finance minister said on Tuesday he hoped that TotalEnergies\u2019works in Cabo Delgado would restart before the one-year deadline that the company estimated as necessary for the government to solve insecurity in the region.<\/p>\n<p>\u201cI think that the expected delay of the works will perhaps be reduced because we have indicated a year as the time needed to allow the project to restart, but looking at the situation today, I think that will not be the case, we are doing our best,\u201d said the minister, showing optimism in reducing the deadline, estimated for next April.<\/p>\n<p>Answering a question from the director of the African department of the International Monetary Fund (IMF) Abebe Aemro Selassie during the fourth Africa Resilience Forum, on the panel \u201cThe Security, Economic Growth, and Investment Nexus: Solutions for Mitigating Vulnerability and Fragility,\u201d organised by the African Development Bank (AfDB), Maleiane was optimistic that work would restart before the one-year suspension deadline put forward by the authorities.<\/p>\n<p>\u201cThe outlook is good because peace is holding, displaced people are returning to their homes, and we are now in the process of creating conditions for them to voluntarily come home and not simply wish to come home one day,\u201d the minister added.<\/p>\n<p>French oil company TotalEnergies, leader of the Area 1 project in northern Mozambique, suspended work on the facility near Palma on 24 March, the day insurgents attacked the town, and a month later announced the indefinite suspension of the entire project.<\/p>\n<p>Valued at between \u20ac20 and \u20ac25 billion, TotalEnergies\u2019 gas extraction megaproject is the largest ongoing private investment in Africa, backed by several international financial institutions and envisages the construction of industrial plants and a new town between Palma and the Afungi peninsula.<\/p>\n<p>The first export of liquefied gas is scheduled for 2024, when Mozambique\u2019s expenditure on servicing the public debt will see a significant increase, resulting from the postponement of interest rate rises until the year in which revenues are generated should increase via gas exports.<\/p>\n<p>The armed conflict between military forces and insurgents in Cabo Delgado has caused over 3,100 deaths, according to the ACLED conflict registration project, and over 817,000 displaced people, according to Mozambican authorities.<\/p>\n<p>Since July, an offensive by government troops with support from Rwanda, which was later joined by the Southern African Development Community (SADC), allowed for increased security, recovering several areas where there was rebel presence, including the town of Moc\u00edmboa da Praia, which had been occupied since August 2020.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Mozambique. Mozambique\u2019s finance minister said on Tuesday he hoped that TotalEnergies\u2019works in Cabo Delgado would restart before the one-year deadline that the company estimated as necessary for the government to solve insecurity in the region. \u201cI think that the expected delay of the works will perhaps be reduced because we have indicated a [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":6687,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3,8,16],"tags":[233,281,283],"class_list":["post-6688","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-community","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>Mozambique: Maputo wants to restart natural gas project earlier than planned - Mozambique<\/title>\n<meta name=\"description\" content=\"Mozambique\u2019s finance minister said on Tuesday he hoped that TotalEnergies\u2019works in Cabo Delgado would restart before the ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-maputo-wants-to-restart-natural-gas-project-earlier-than-planned\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mozambique: Maputo wants to restart natural gas project earlier than planned\" \/>\n<meta property=\"og:description\" content=\"Mozambique\u2019s finance minister said on Tuesday he hoped that TotalEnergies\u2019works in Cabo Delgado would restart before the ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-maputo-wants-to-restart-natural-gas-project-earlier-than-planned\" \/>\n<meta property=\"og:site_name\" content=\"Mozambique\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-29T19:12:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2021\/09\/img-615490495be9c.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"431\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-maputo-wants-to-restart-natural-gas-project-earlier-than-planned#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-maputo-wants-to-restart-natural-gas-project-earlier-than-planned\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Mozambique: Maputo wants to restart natural gas project earlier than planned\",\"datePublished\":\"2021-09-29T19:12:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-maputo-wants-to-restart-natural-gas-project-earlier-than-planned\"},\"wordCount\":420,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-maputo-wants-to-restart-natural-gas-project-earlier-than-planned#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2021\/09\/img-615490495be9c.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"community\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-maputo-wants-to-restart-natural-gas-project-earlier-than-planned#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-maputo-wants-to-restart-natural-gas-project-earlier-than-planned\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-maputo-wants-to-restart-natural-gas-project-earlier-than-planned\",\"name\":\"Mozambique: Maputo wants to restart natural gas project earlier than planned - 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