The lifting of the force majeure decree on the Mozambique LNG project was highlighted in all national and international media outlets this week. The long-awaited announcement marks the end of a long period of nearly 4.5 years of postponed expectations and uncertainty about the project’s true future.
Belated and under even more unfavorable conditions for the Mozambican state. This is how, in a nutshell, the announced resumption of the project can be characterized. The decision comes with a series of conditionalities that fundamentally reduce and delay the Mozambican state’s fair share of the project’s benefits.
