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Extremist element threatening Mozambique’s gas rich region
June 7, 2018
Source: World Oil

Extremist element threatening Mozambique’s gas rich region

Attacks by extremist elements are on a rise in Mocimboa da Praia, Mozambique’s gas-rich northern town. This region is 1,800 km northeast of Maputo, and Palma, where the offshore gas reserves that Eni, ExxonMobil, and Anadarko are developing, is about 80 km north of that. This could threaten a potential $30 billion in investment. Unfortunately, the state institutions are unable to control this situation.

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