Mozambique prepares to revamp economy with natural gas reserves under new leadership – Firstpost

Mozambique: Amidst Security Risks and Legal Inquiries, A New Leader Takes the Reins to Revitalize a Stalled Natural Gas Project

Mozambique, one of the world’s poorest countries, is working to convince TotalEnergies to resume a $20 billion natural gas export project. The country is aiming to revitalize one of Africa’s largest-ever investments and boost its economy. The ruling party in Mozambique, known as Frelimo, has selected an unexpected candidate, Daniel Chapo, as its presidential nominee for the upcoming elections in October.

Chapo, a lawyer and former radio host, currently serves as the governor of the province of Inhambane. He has not held a position in the national government before but was chosen by Frelimo to replace President Filipe Nyusi as its flagbearer. Frelimo has been in power since 1975 and is expected to win the upcoming elections.

Despite being a strong candidate, Chapo faces challenges in leading Mozambique as the country tries to convince TotalEnergies to proceed with the natural gas export project. The project was halted in 2021 due to attacks by Islamic State-affiliated rebels in the province of Cabo Delgado, resulting in hundreds of deaths. While there have been positive signs of progress, intermittent attacks continue to pose a threat.

In addition to security concerns, French prosecutors are investigating allegations of involuntary manslaughter against TotalEnergies for failing to protect its subcontractors adequately. Nyusi has expressed frustration over the delays in accessing Mozambique’s vast gas reserves.

Chapo will need to address these issues and assure stakeholders that doing business in Mozambique is safe. As the country navigates these challenges, the success of the natural gas project is crucial for its economic development and stability.

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