LNG projects have faced a buffeting amid the security crisis in Mozambique’s Cabo Delgado region. While the timeline for Eni’s 3.4m t/yr Coral South floating LNG project looks robust, bigger schemes face further delays as a shaken gas sector takes account of an insurgency that can no longer be ignored – and which also poses questions about stability in southern Tanzania as a new leadership there makes soothing noises about investment, write James Gavin and Marc Howard.
Issue 436 - 15 April 2021
Mozambique
Gas, Downstream, Politics, Upstream
The problems of Nigeria’s southeast are rarely far from being a political and oil company preoccupation. Issues of governance and reputational damage weigh heavy on majors’ perceptions about operating in a lucrative but troubled region as lawyers busy themselves acting for local communities against Royal Dutch Shell and potentially other IOCs in a series of class actions. The new military top team appointed by President Muhammadu Buhari is challenged with reducing insecurity, including from rising levels of piracy in the Gulf of Guinea.
Issue 433 - 25 February 2021
Nigeria
Gas, Downstream, Upstream, Politics
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