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Home › Dodgy Deals ›
Target Dodgy Deal
Mozambique LNGMozambique

Project – Target

This profile is a priority campaign target
Contact:

climate@banktrack.org

Last update: 2024-11-07 12:53:07
TotalEnergies' Mozambique LNG tanks. Photo: TotalEnergies 2022

Project – Target

This profile is a priority campaign target
Contact:

climate@banktrack.org

Last update: 2024-11-07 12:53:07
Why this profile?

Why this profile?

The Mozambique LNG project facilitates the export of an enormous quantity of gas. The project will displace thousands of people in the extraction zone, have serious, adverse impacts on ecosystems and wildlife and release millions of tonnes of greenhouse gases into the Earth’s atmosphere. No project that expands the fossil fuel industry is compatible with the Paris Climate Agreement.

What must happen

Banks and other financial institutions must refuse to finance this project. Such refusals would incentivise investment in, and the construction of renewable energy infrastructure in Africa, as opposed to fossil fuel infrastructure. TotalEnergies’ bank financiers must demand it to either abandon fossil fuel expansion and comply with the goals of the Paris Agreement, or forgo further finance.

About
Sectors Oil and Gas Extraction , LNG Terminal, Pipeline Transportation of Natural Gas
Location
Status
Planning
Design
Agreement
Construction
Operation
Closure
Decommission
Website https://mzlng.totalenergies.co.mz/en
This project has been identified as an Equator Project

The TotalEnergies-backed Mozambique Liquified Natural Gas (LNG) project involves the extraction, liquefaction and transportation of gas from the Area 1 gas fields, which lie off the northern Mozambican coast. The gas is extracted from 20 offshore wells and transported onshore via a 40-kilometer pipeline to a 17,000-acre LNG facility. Once liquified, another pipeline transports the LNG to tankers destined for India and elsewhere. Initially producing 12.88 million tonnes of LNG annually, the facility has the potential to increase that figure to 43 million.

Impacts

Impact on human rights and communities

Forced displacements to make way for the project have resulted in people losing their homes and livelihoods. As of March 2020, 556 families had been forcefully relocated, with a further 2,000 families due to follow. Fishing communities have been moved 10 kilometres inland, depriving them of their traditional income. Furthermore, Anadarko’s illogical displacement compensation methodology has led to locals who relinquished, for example, 10 hectares of land, being awarded a home and only one hectare of land that were not located near each other. For more information on the displacement and resettlement of particular villages, click here.

The project has failed to carry out mandatory community consultations, observe due process in pre-existing land rights expropriations, or provide fair compensation. According to the local NGO Centro Terra Viva Mozambique, these failures breach the law.

Militarisation of the gas region has resulted in violent attacks upon local communities. Insurgent attacks in northern Mozambique began in October 2017. In February 2019, a driver employed by the Portuguese construction company Gabriel Couto was killed during an attack on a Mozambique LNG Project convoy. During April 2020 alone, government forces killed more than 100 Islamist insurgents. In July 2020, militants killed eight TotalEnergies subcontractors. In response, the government has militarised the area and gas companies have contracted foreign private security firms, including the placement of the Russian paramilitary Wagner group in Cabo Delgado.

Despite an increased security presence in the region, by March 2020 locals claimed to be “living under constant fear of mistreatment by the military and by private security actors”. These locals have found themselves afraid to walk the long distances to the new, compensatory farmland they have been given, for fear of military harassment and attacks.

The spreading of COVID-19 to Mozambique’s Cabo Delgado province was attributed to the gas industry. An incoming TotalEnergies worker introduced the disease in April 2020, after which the Mozambique LNG Project construction site became the epicentre of the country’s COVID-19 crisis. TotalEnergie’s insufficient containment and testing policies meant that cooks, cleaners, security guards and other staff from surrounding villages interacted with infected TotalEnergies employees.

Media intimidation has resulted in many Cabo Delgado journalists being arrested or detained without charge, with some held in detention for months. The journalist Ibrahimo Abu Mbaruco went missing in April 2020, shortly after telling his mother that the military had arrested him; the local activist Mr Selemane disappeared in May 2020, 24 hours after speaking out against mistreatment at the hands of the military.

Seismic disturbances caused by gas field exploration affected local communities in the early 2010s. Seismic guns were used to locate the gas fields, which damaged the hearing of local harpoon fishermen; many were forced to suspend their fishing activities for extended periods of time, which impacted local food supplies and did not result in compensation.


Impact on climate

In 2014, Anadarko’s environmental impact assessment of the Mozambique LNG Project estimated its direct CO2 emissions at 12.9 million tonnes per year, from 2022 onwards. The facility will release a large amount of greenhouse gases, especially methane. The assessment underestimates the impact of methane that will be released, however. According to the Fifth Assessment Report of the IPCC, methane is 87 times more potent than CO2 over 20 years and this facility will leak it into the atmosphere during extraction, processing and transportation. When this is taken into consideration, the direct emissions of the Mozambique LNG Project are closer to 44.9 million tonnes.


Impact on nature and environment

The depletion of biodiversity in the area is spelled out in Anadarko’s own environmental impact assessment of the facility. Its location means that mangroves must be cleared, coastal seabeds and coral networks dredged and seagrass beds disturbed. Each of these represent important habitats for birds, reptiles and amphibians, the populations of which would consequently suffer. The introduction of invasive species from ballast shipping water would place further pressure on local biodiversity. The project threatens the Quirimbas National Park, which is also located in Cabo Delgado and has been designated a UNESCO Biosphere Reserve. These 11 islands incorporate a bird sanctuary for hundreds of species, a variety of reptiles, nearly 50 species of land mammals (including elephants, lions, buffalos and leopards), eight species of marine mammals and thousands of species of flora.

The endangerment of threatened species is anticipated owing to the facility’s location. A number of these, including the sei whale, the Indian yellow-nosed albatross and both the leatherback and hawksbill turtle, are considered imperilled by the International Union for Conservation of Nature.

Seismic disturbances during Anadarko’s surveying of the area have been criticised by environmental organisations for their damaging effects on marine animals. A 2011 report detailed the deaths of large numbers of shallow-water bottom-feeding sea-grass fish, shellfish and turtles following a shallow-water marine seismic programme along the northern coast of Mozambique in 2009.

Financiers

Sociéte Générale is the financial advisor for the Mozambique LNG Project, which in 2017 was projected to cost USD 23 billion to develop. TotalEnergies is the majority shareholder, having bought Anadarko Petroleum Corporation’s 26.5% interest in September 2019.

In July 2020, TotalEnergies announced project finance worth USD 14.9 billion, secured via “direct and covered loans from eight Export Credit Agencies (ECAs), 19 commercial bank facilities, and a loan from the African Development Bank”.

Institution type
Finance type
Year
Companies

Mozambique LNG is a joint venture of seven companies, as listed below.

Project sponsor

TotalEnergies

France
Profile
Website
26.5% ownership
No companies

Other companies

Beas Rovuma Energy Mozambique

Mozambique
10% ownership

BPRL Ventures Mozambique

Mozambique
10% ownership

ENH - Empresa Nacional de Hidrocarbonetos

Mozambique
Website
15% ownership

Mitsui

Japan
Website
20% ownership

ONGC Videsh Limited (OVL)

India
Website
10% ownership

PTTEP - PTT Exploration & Production

Thailand
Website
8.5% ownership
No companies
Governance
Bank policies
Norms & standards
The following bank investment policies apply to Mozambique LNG:
Société Générale
2014-09-01 00:00:00

Environmental and social general guidelines for business engagement

Bank policy
2014-09-01 00:00:00 | Société Générale
2020-10-28 00:00:00

Climate strategy

Bank policy
2020-10-28 00:00:00 | Société Générale
2021-11-02 00:00:00

Societe Generale reinforces its commitments to climate

Bank policy
2021-11-02 00:00:00 | Société Générale

Applicable norms and standards

Equator Principles
Global Reporting Initiative
IFC Performance Standard 5: Land Acquisition and Involuntary Resettlement
UN Guiding Principles on Business and Human Rights
Maps

Map: Mozambique's existing and planned oil pipelines, LNG terminals and overlap with protected areas

 

News
BankTrack
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External
Blog
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AGM Report: Standard Chartered called out for bankrolling dangerous fossil fuel projects

Campaigners call on UK-based bank to set robust energy transition plan and end finance for destructive projects in Mozambique & the Philippines
2025-05-09 | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Mozambique LNG: Financial institutions so far refrain from taking a stance on allegations of severe human rights violations associated with the project

2025-01-22 | BankTrack, urgewald, Friends of the Earth Europe, Friends of the Earth Japan, Friends of the Earth United States, Justiça Ambiental (JA!)/Friends of the Earth Mozambique, Les Amis de la Terre France, Milieudefensie, Reclaim Finance, ReCommon
Blog
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Banks and investors’ unrestricted finance for LNG is fueling a future climate bomb

2024-12-05 | Reclaim Finance
Blog
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‘The land belongs to Mozambicans, not to France’

Two week long protest continues against TotalEnergies and its Mozambique LNG gas project for resettlement violations in Afungi Communities, Palma District, Cabo Delgado, Mozambique
2024-11-15 | Justiça Ambiental (JA!)/Friends of the Earth Mozambique
Blog
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ActionAid and ReCommon: ‘UniCredit is not funding Eni’s Coral North FLNG Project in Mozambique’

2024-10-22 | ActionAid Italia, ReCommon
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BankTrack news BankTrack blog Partner news Partner blog

Activists across the globe call on banks and investors to stop financing TotalEnergies

2024-10-02 | New York/Frankfurt/Paris | 350.org US, Justiça Ambiental (JA!)/Friends of the Earth Mozambique, Liveable Arlington
Blog
BankTrack news BankTrack blog Partner news Partner blog

TotalEnergies and financial markets: Financial institutions engaged for decades of pollution

2024-09-30 | Reclaim Finance
Blog
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International NGOs call for immediate official investigation into reports of series of atrocities committed by Mozambican security forces near TotalEnergies’ Mozambique LNG premises

2024-09-27 | BankTrack, Friends of the Earth Europe, Friends of the Earth Japan, Friends of the Earth US, Justiça Ambiental (JA!)/Friends of the Earth Mozambique, Les Amis de la Terre France, Milieudefensie, Reclaim Finance, ReCommon
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Frontline communities take the stage at bank AGM’s

AGMs remain crucial for community grievances, while executives seek to limit activist shareholder participation
2024-07-30 | Nijmegen, The Netherlands | Deniz Ozkil – BankTrack
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ReCommon disappointed with Intesa Sanpaolo’s new commitments on climate: “Progress made but no definitive stop to the fossil fuel sector”

ReCommon considers inadequate the new rules recently introduced by Intesa Sanpaolo for the oil and gas sector.
2024-07-16 | Rome | ReCommon
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Banks financed fossil fuels by $6.9 trillion dollars since the Paris Agreement; $705 billion provided in 2023 alone; JPMorgan Chase, Mizuho, and Bank of America are worst 3 funders

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2024-05-13 | BankTrack, urgewald, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance, Sierra Club
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Environmental activists and shareholders accuse Standard Chartered of being complicit in environmental destruction

UK Climate Choir evokes Taylor Swift in demanding the bank halt financing of fossil fuel projects
2024-05-10 | London | BankTrack, Center for Energy, Ecology and Development (CEED), Say No To Gas in Mozambique, The Climate Choir Movement
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ECAs continue to debate fate of Mozambique LNG project

BankTrack mentioned
2024-04-17 | Global Trade Review
Blog
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NGOs call on banks and investors to cut TotalEnergies’ main source of finance

Some 60 NGOs from around the world signed an open letter calling on banks and investors to stop participating in bonds issued by TotalEnergies
2024-04-10 | Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

Beggar thy neighbour: South African public financing of Mozambique fossil gas project

2024-02-13 | Fair Finance Coalition Southern Africa (FFCSA)
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Adnoc eyes LNG investments with China in three major energy nations

Leaked documents reveal Emirati giant is working with Chinese players on projects in Mozambique, Australia and Canada
2023-11-27 | Upstream
Blog
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124 civil society organisations call on financial institutions to withdraw support for TotalEnergies’ Mozambique LNG project

2023-11-17 | BankTrack, and partners, Justiça Ambiental (JA!)/Friends of the Earth Mozambique, Les Amis de la Terre France, Milieudefensie, Reclaim Finance, ReCommon
BankTrack news BankTrack blog Partner news Partner blog

Environmental groups urge funding halt for TotalEnergies' Mozambique project

2023-11-17 | Reuters
BankTrack news BankTrack blog Partner news Partner blog

Mozambique : plus de 100 ONG appellent des banques à stopper leur soutien au projet gazier géant de TotalEnergies

2023-11-17 | Le Parisien
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Total faces criminal charges in French courts for its negligence during the Palma attack, in northern Mozambique

2023-10-10 | Les Amis de la Terre France
Blog
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Challenging banks on their Dodgy Deals this AGM season

Our AGM wrap up blog
2023-06-27 | Natasha Ion – BankTrack
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Climate activists and CSOs hold protests targeting Standard Bank in solidarity with frontline communities in Uganda, Tanzania and Mozambique

2023-06-12 | Africa | BankTrack, #StopEACOP, 350.org Africa, AFIEGO, Earthlife Africa, Justiça Ambiental (JA!)/Friends of the Earth Mozambique
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New report: Canadian bank RBC the #1 financier of fossil fuels, world’s biggest banks continued to pour billions into fossil fuel expansion

Annual Banking on Climate Chaos report follows the money and details massive bank support for the world’s worst climate-destroying corporations
2023-04-13 | San Francisco | BankTrack, urgewald, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance, Sierra Club
BankTrack news BankTrack blog Partner news Partner blog

Exxon issues Rovuma LNG tender but financing in focus

BankTrack mentioned
2023-03-20 | Energy Voice
Blog
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Who dares to finance Eni and Exxon’s dangerous Rovuma gas plans in Mozambique?

Two banks made clear they will avoid financing Rovuma LNG, but plenty remain in the frame.
2023-03-20 | BankTrack, Justiça Ambiental (JA!)/Friends of the Earth Mozambique, Les Amis de la Terre France, ReCommon
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Mozambique shows how JPMorgan Chase and other banks back war and climate chaos

New Banking on Climate Chaos case study
2023-03-16 | BankTrack, Justiça Ambiental (JA!)/Friends of the Earth Mozambique, Rainforest Action Network
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Mozambique’s Mocimboa da Praia Port Resumes Operations

2022-11-30 | The Maritime Executive
Blog
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Who will finance yet another gas megaproject in Mozambique?

2022-11-25 | ReCommon
Blog
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Standard Chartered & COP27 in Egypt: Locking Africa out of a Just Transition

2022-11-09 | Natasha Ion – BankTrack
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EU Increases Security Funding in Mozambique

2022-08-26 | Energy Capital & Power
Blog
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From fisherman to refugee, in part thanks to ING

A report from the coast of Cabo Delgado, Mozambique
2022-07-12 | ING Fossielvrij
Blog
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Climate activists challenge Standard Bank’s plans to fund fossil fuel expansion in Africa

At the bank's AGM, 99.7% of shareholders support climate resolution by Just Share and Aeon Investment Management
2022-06-01 | BankTrack, Africa Institute for Energy Governance, Bank on our Future, Friends of the Earth Mozambique, Greenfaith International, Just Share, Laudato Si
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Saipem Expects Resumption of Mozambique LNG Project Activities by Mid-2022

2022-05-20 | Energy Capital & Power
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Revealed: the ‘carbon bombs’ set to trigger catastrophic climate breakdown

Oil and gas majors are planning scores of vast projects that threaten to shatter the 1.5C climate goal. If governments do not act, these firms will continue to cash in as the world burns
2022-05-12 | The Guardian
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Mozambique’s Minister of Mineral Resources and Energy to Talk Gas, Local Content and Investment at AEW 2022

Mozambique’s newly elected energy minister, H.E. Carlos Zacarias, will go to Cape Town to discuss Mozambique’s gas miracle as he pushes for renewed investment in the high potential gas economy
BankTrack mentioned
2022-05-10 | African Energy Week
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Mozambique and Yemen: TotalEnergies chief details LNG options amid 'demand destruction' fears

Yemen LNG and Mozambique LNG projects depend on improved security, says Patrick Pouyanne, while stressing Asia will turn away from LNG if prices too high
2022-05-02 | Upstream
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Mozambique Hires SocGen to Help Refinance Stake in Eni Gas Plant

Mozambique’s Empresa Nacional de Hidrocarbonetos selected Societe Generale SA as financial adviser for the state oil company’s plans to refinance a stake in an offshore natural-gas project led by Eni SpA
2022-04-22 | Bloomberg
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Intesa Sanpaolo’s new board of directors brings in fossil fuels and agribusiness

News highlights the urgent need to close the revolving door between environmentally destructive industries and finance
2022-04-12 | Italy | ReCommon
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TotalEnergies fired up to return to Cabo Delgado

2022-04-01 | Africa Intelligence
Blog
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At least $132 billion in finance for fossil fuels is locking Africa out of a Just Transition, shows new report

African countries kept in fossil fuel stranglehold by Overseas money
2022-03-03 | BankTrack, 350.org Africa, AFIEGO, Africa Coal Network, Alerte Congolaise pour l’Environnement et les Droits de l’Homme (ACEDH), Alliance for Empowering Rural Communities (AERC), Centre for Alternative Development (CAD), Environment Governance Institute (EGI), Friends of the Earth Ghana, Friends of the Earth Mozambique, Friends of the Earth Togo, Innovation for the Development and Protection of the Environment (IDPE), Laudato Si, Lumière Synergie pour le Développement (LSD), Milieudefensie, Oil Change International, Save Okavango (SOUL), Solidarité pour la Réflexion et Appui au Développement Communautaire (SORADEC), Synergie de Jeunes pour le Développement et les Droits Humains (SJDDH), Women Environmental Programme Nigeria, WoMin, Zimbabwe Environmental Law Association (ZELA)
BankTrack news BankTrack blog Partner news Partner blog

The Equator Principles are not stopping banks from funding fossil fuels

Following their new report, Hannah Greep from BankTrack discusses how The Equator Principles are failing the climate.
BankTrack mentioned
2021-11-23 | Economy, Land and Climate Insight
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Exxon looking to capture carbon, cut costs at $30 bln Mozambique LNG project

2021-11-04 | Reuters
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Mozambique LNG: no decision on project revival despite counter-insurgency successes in Cabo Delgado

2021-10-29 | Upstream online
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Standard Chartered’s new climate policy aims for failure

Announced on the eve of the COP26 climate summit in Glasgow, Standard Chartered Bank’s new climate policy upholds the bank’s status as a climate laggard, according to environmental finance organisation Market Forces
2021-10-28 | Market Forces
Blog
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Equator Banks involved in financing at least 200 fossil fuel projects since Paris

BankTrack research sheds new light on finance for fossil fuels by Equator banks
2021-10-26 | BankTrack
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France, Rwanda and Total: a lethal threesome around Mozambique’s gas

2021-10-22 | JA! Justica Ambiental
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Some SA banks committed to fossil fuel disinvestment — others aim to keep coal and oil financing furnaces burning

2021-10-04 | Daily Maverick
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The great gas illusion: Mozambique's LNG revenues may fall short to transform the country

2021-09-23 | Zitamar
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Rwanda calls on firms to resume Mozambique LNG project

2021-09-15 | Argus media
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Soldiers repel insurgents threatening TotalEnergies’ Mozambique LNG project

2021-08-09 | World Oil
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Another investor stalls on Mozambique citing security concerns

2021-06-14 | Business Live
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Standard Bank points to climate progress amid activists’ anger

BankTrack mentioned
2021-06-08 | Capital Monitor
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Standard Bank accelerates new era changes at board level

2021-05-28 | Independent Online (IOL)
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As HSBC prepares for its AGM on 28 May, new research reveals that a selection of HSBC fossil fuel financial transactions over the last five years will emit 523 million tonnes of CO2 every year for decades to come
2021-05-27 | Market Forces
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Standard Bank commits to adopt climate strategy in 2022

2021-05-27 | News 24
Blog
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Standard Bank faces barrage of questions on fossil fuel finance at AGM

2021-05-27 | BankTrack, AFIEGO, Just Share, others
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Hundreds protest against TOTAL across Africa

2021-05-25 | EIN News
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Leaders meet to thrash out security deal after Total declares force majeure in Mozambique

2021-05-03 | Moneyweb
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Mozambique LNG project delayed by 'at least a year' due to security issues: Total

2021-04-29 | London | S&P Global
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UK Export Finance faces review over US$1bn support for Mozambique LNG project

2021-04-27 | Global Trade Review
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Can Mozambique defend its crucial gas assets?

2021-04-21 | Oil Price
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UK support for Mozambique gas plant fuelling conflict – Friends of the Earth

2021-04-15 | The Guardian
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Insurgency threatens Mozambique’s historic natural gas investment boom

2021-04-15 | CNBC
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Infographic: Mozambique’s LNG Forecast

2021-04-01 | Africa Oil & Power
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Thousands seek refuge at Total Mozambique LNG site after attack

2021-03-31 | Bloomberg
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Palma attacks: Total stops work at Mozambique LNG as workers and locals flee brutal assault by Islamist insurgents

https://www.upstreamonline.com/safety/palma-attacks-total-stops-work-at-mozambique-lng-as-workers-and-locals-flee-brutal-assault-by-islamist-insurgents/2-1-988744
2021-03-28 | Upstream online
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There’s $120 Billion at Stake in an Overlooked War in Mozambique

2021-03-25 | Bloomberg
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Insurgents in attack near Mozambique LNG site hours after Total said safe for workers' return

2021-03-25 | Upstrean online
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Total to resume Mozambique LNG work after security reinforced

2021-03-24 | Reuters
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Project financing confirmed for ONGC-OIL-supported Mozambique LNG project

2021-03-24 | The Hindu Business Line
Blog
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Banking on Climate Chaos 2021: World’s 60 largest banks have poured USD 3.8 trillion into fossil fuels since Paris Agreement

Even amidst the global economic downturn, fossil fuel financing numbers were higher in 2020 than 2016
2021-03-24 | Nijmegen | BankTrack, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance, Sierra Club
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FoE pursues UK over Mozambique LNG funding

2021-03-22 | Energy Voice
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ABB to provide electrification package for Mozambique LNG project

2021-03-19 | Hydrocarbons Technology
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Risky business: investment and insurgency in Mozambique

2021-03-16 | Offshore Technology
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Total has target date for staff remobilisation to Mozambique LNG site

2021-03-11 | Upstrean online
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Mozambican journalists’ lives are on the line in Cabo Delgado

2021-03-07 | Al Jazeera
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JBIC joins US$894 million loan pact for Mozambique LNG project

2021-03-03 | The Asset
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Mozambique, mercenaries accused of war crimes

2021-03-02 | Energy Voice
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Mozambique LNG project on track, Total confirms

2021-02-16 | Pumps Africa
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African Development Bank and Mozambique LNG Area 1 Project win Multilateral Deal of the Year Award for $24 billion global syndicated finance

2021-02-11 | Africa News
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Growing risks for $50bn Mozambique LNG projects

2021-01-31 | Business Live
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Total reduces Mozambique LNG staff as rebels step up attacks nearby

2021-01-01 | World Oil
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Mozambique troops fight off attack near R292 billion LNG project

2020-12-25 | fin24
Blog
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Five years lost - How the finance industry is blowing the Paris carbon budget

2020-12-10 | Paris | urgewald, Center for Energy, Ecology, and Development (CEED), Friends of the Earth US, Rainforest Action Network, Reclaim Finance, ReCommon
BankTrack news BankTrack blog Partner news Partner blog

Mozambique LNG security in spotlight again as insurgency creeps closer

2020-12-09 | S&P Global
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EXCLUSIVE- Exxon and Total in talks over Mozambique LNG resource-sharing deal

2020-11-26 | Nasdaq
Blog
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Campaigners reject HSBC's Net-zero ambition, targeting billboards over 'climate colonialism'

2020-11-02 | Brandalism
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Going deep into Mozambique’s Cabo Delgado extremism

To counter violent extremism in places such as Mozambique’s Cabo Delgado properly, it’s necessary to understand the root causes of such conflicts and how mining operations can worsen them
2020-10-29 | Business Live
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Total taps Siemens Energy to supply Mozambique LNG turbines

2020-10-14 | World Oil
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India’s BPCL to buy 1Mtpa from Mozambique LNG

2020-10-01 | Kallanish Energy
BankTrack news BankTrack blog Partner news Partner blog

Violence Creeps Toward $20B Mozambique LNG Project

2020-09-18 | Bloomberg
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USA’s DFC approves transactions to Mozambique totalling $1.7 billion

2020-09-17 | The Africa Report
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Islamists seize northern Mozambican islands: witnesses

2020-09-12 | CGTN Africa
BankTrack news BankTrack blog Partner news Partner blog

US okays $1.5bln insurance for Mozambique gas project

2020-09-11 | Maputo | Energy world
BankTrack news BankTrack blog Partner news Partner blog

FoE challenges UK on Mozambique LNG lending

2020-09-07 | Energy Voice
Blog
BankTrack news BankTrack blog Partner news Partner blog

Pandemic risk and the Equator Principles: New EPA guidance provides helpful recommendations but could go further

2020-08-31 | Hannah Greep – BankTrack
BankTrack news BankTrack blog Partner news Partner blog

Africa’s largest energy project faces a major terrorist threat

2020-08-23 | Oil Price
BankTrack news BankTrack blog Partner news Partner blog

Islamic State-Linked Fighters Seize Mozambique LNG Port Town

2020-08-12 | Bloomberg
BankTrack news BankTrack blog Partner news Partner blog

UK to review fossil fuel lending

2020-07-28 | Energy Voice
BankTrack news BankTrack blog Partner news Partner blog

UK could face lawsuit over $1bn aid to Mozambique gas project

2020-07-20 | The Guardian
BankTrack news BankTrack blog Partner news Partner blog

Total announces the signing of Mozambique LNG project financing

2020-07-17 | Total Press release
BankTrack news BankTrack blog Partner news Partner blog

Total announces the signing of Mozambique LNG project financing

2020-07-17 | Total Press release
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Standard Bank plays leading role in Mozambique LNG financing

2020-07-16 | Standard Bank
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Mozambique: LNG Terminal Will Be Built in Matola

2020-07-13 | Maputo | AllAfrica
Blog
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Japan’s big bet on LNG looks increasingly risky

2020-07-08 | Greig Aitken - Global Energy Monitor
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Militants Kill 8 Subcontractors On Total’s LNG Project In Mozambique

2020-07-06 | Oil Price
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UK Export Finance set to back Total's $20 bln Mozambique LNG project

2020-06-26 | Johannesburg/London | Reuters
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Banks are turning a blind eye to Mozambique gas field graft

2020-06-23 | Business Live
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Banks unveiled as 24bn project heads towards signing

2020-06-05 | Zitamar.com
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Total lands $15 billion financing commitment for Mozambique LNG project

2020-05-20 | Worldoil.com
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Total pays $3.9 billion for Anadarko’s Mozambique LNG interest

2019-11-30 | Worldoil.com
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UPDATE 1-Anadarko closes in on final Mozambique LNG decision

2019-02-15 | Reuters
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Anadarko: Gas exploration in Rovuma Basin, Mozambique

2018-08-23 | Facing Finance
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Mozambique LNG update from Anadarko at WGC18

2018-08-01 | LNG Industry
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Burning Villages, Ethnic Tensions Menace Mozambique Gas Boom

2018-07-02 | Bloomberg
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UPDATE 2-Anadarko expects final decision on Mozambique LNG export project in 2019

2018-06-27 | Reuters
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Anadarko signs on buyers for $20B Mozambique LNG project

2018-06-15 | Houston Chronicle
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Exclusive: Anadarko seeks to raise $14-$15 billion for Mozambique LNG project

2018-05-18 | Reuters
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Mozambique approves Anadarko’s LNG project worth $20bn

2018-02-07 | BusinessDay
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Potential Export-Import Bank deals pose grave environmental threat, experts say

2016-12-07 | The Guardian
Resources
Documents
Images
Videos
Links
2025-01-21 00:00:00

Letter to financiers of Mozambique LNG to support call for independent investigation into alleged human rights violations

NGO document
2025-01-21 00:00:00 | BankTrack, Justiça Ambiental, Les Amis de la Terre France, SFOC, Milieudefensie, ReCommon, Urgewald, Friends of the Earth Europe, Friends of the Earth United States, Reclaim Finance, Friends of the Earth Japan
2024-01-29 00:00:00

Total turmoil: unveiling South Korea's stake in Mozambique's climate and humanitarian crisis

NGO document
2024-01-29 00:00:00 | Solutions for Our Climate (SFOC)
2023-11-17 00:00:00

Public statement to financiers: cancel financing for Mozambique LNG

NGO document
2023-11-17 00:00:00 | BankTrack, Friends of the Earth France, Justiça Ambiental (JA!)/Friends of the Earth Mozambique, Reclaim Finance and partners
2023-04-13 00:00:00

Banking on Climate Chaos 2023

Annual Banking on Climate Chaos report follows the money and details massive bank support for the world’s worst climate-destroying corporations
BankTrack publication
2023-04-13 00:00:00 | Rainforest Action Network, BankTrack, Indigenous Environmental Network, Oil Change International, Reclaim Finance, Sierra Club, Urgewald
2021-01-03 00:00:00

Too Late to Count: a financial analysis of Mozambique’s gas sector

NGO document
2021-01-03 00:00:00 | Open Oil
2021-03-01 00:00:00

"What I saw is death". War crimes in Mozqambique's forgotten Cape.

NGO document
2021-03-01 00:00:00 | Amnesty International
2022-05-16 00:00:00

Fuelling the Crisis in Mozambique. How Export Credit Agencies Contribute to Climate Change and Humanitarian Disaster

A Case Study From Mozambique
NGO document
2022-05-16 00:00:00 | Justiça Ambiental, Friends of the Earth England, Wales and Northern Ireland, Friends of the Earth US, Les Amis de la Terre (Friends of the Earth France), Milieudefensie (Friends of the Earth Netherlands) and ReCommon, Friends of the Eartj Europe.
2022-03-03 00:00:00

Locked out of a Just Transition: fossil fuel financing in Africa

BankTrack publication
2022-03-03 00:00:00 | BankTrack, Milieudefensie & partners
2021-06-24 00:00:00

Nervous Money: Global LNG Terminals Update 2021

NGO document
2021-06-24 00:00:00 | Global Energy Monitor
2014-02-28 00:00:00

Mozambique LNG Environmental Impact Assessment Chapter 12

Company document
2014-02-28 00:00:00 | Anadarko, Eni
2020-06-24 00:00:00

Gas in Mozambique: A windfall for the industry, a curse for the country

France thrusts Mozambique into the fossil fuel trap
NGO document
2020-06-24 00:00:00 | Les Amis de la Terre France, Friends of the Earth International, JA! (Friends of the Earth Mozambique)
2020-03-01 00:00:00

The impacts of the LNG industry in Cabo Delgado, Mozambique

NGO document
2020-03-01 00:00:00 | JA! (Friends of the Earth Mozambique)
2020-02-28 00:00:00

Report On the Ground in Cabo Delgado May 2020 from JA!

NGO document
2020-02-28 00:00:00 | JA! (Friends of the Earth Mozambique)
2018-09-04 00:00:00

Anadarko code of business conduct and ethics

Bank policy
2018-09-04 00:00:00 | Anadarko
2014-02-28 00:00:00

Environmental Impact assessment

Environmental Impact Assessment (EIA) Report for the Liquefied Natural Gas Project in Cabo Delgado
Company document
2014-02-28 00:00:00 | Impacto, Anadarko, Eni
2018-03-31 00:00:00

Anadarko annual report 2017

Annual report
2018-03-31 00:00:00 | Anadarko
2016-06-16 00:00:00

Report from the Field: Perspectives and Experiences of Mozambican Communities and Civil Society on Liquefied Natural Gas Exploitation

NGO document
2016-06-16 00:00:00 | Friends of the Earth

Location of Mozambique LNG Project

2022-08-01
Overview and location of Mozambique LNG Project

Anadarko's longterm buyers of LNG from Mozambique project

2019-04-03

Rovuma basin map

2018-08-14
Rovuma basin map

Banking on Climate Chaos Case Study: Mozambique LNG Projects

2022-05-17 15:48:26

Broken Lives, Stolen Future

2019-08-13 17:03:12

Justica Ambiental (Friends of the Earth Mozambique)

Gas Rush, Human Rights Abuses, Climate Devastation, Insurgent Attacks, Covid Hotspot

Action page on the Mozambican gas industry from JA! (Justiça Ambiental/Friends of the Earth Mozambique) and Friends of the Earth International

JA4CHANGE

Action website from JA! (Friends of the Earth Mozambique)

TotalEnergies' Mozambique LNG Resettlement Plan

Case Study: Mozambique LNG Projects

The Rainforest Action Network’s overview of Cabo Delgado’s LNG industry

Say No to Gas in Mozambique campaign website

Updates

2022

2022-02-01 00:00:00 | TotalEnergies acquires BP’s network in Mozambique

TotalEnergies has announced an agreement with BP to acquire a range of its oil assets. TotalEnergies will benefit from a new network of 26 service stations, reinforcing its position as Mozambique’s main petroleum products retailer.

2022-02-01 00:00:00 | TotalEnergies to resume Mozambique LNG project in 2022

TotalEnergies’ CEO Patrick Pouyanne has declared his intention to get the Mozambique LNG Project back on track this year, before admitting that there are still a number of security issues. The original timeline anticipated the project’s first LNG in 2025, followed by full production in 2026, but pervasive terrorism continues to destabilise the region (link in French).

2021

2021-08-27 00:00:00 | TotalEnergies Mozambique LNG Project may resume by 2023

According to the president of the African Development Bank, the Mozambique LNG Project could be back on track within 18 months. In response to violent insurgents, troops from Rwanda and Southern African Development Community member states have been deployed to support Mozambican forces. TotalEnergies declined to comment.

2021-04-26 00:00:00 | Total declares force majeure on Mozambique LNG after insurgent attacks

Following an Islamic State-linked insurgent attack that killed dozens of civilians in Palma, Cabo Delgado, Total has declared force majeure and withdrawn all its staff from its Mozambique LNG Project sites. Work was initially suspended on March 27.

2020

2020-08-24 00:00:00 | Total and Mozambique sign security pact

Total has signed a security pact with the Mozambican government to protect the Mozambique LNG Project. According to minister of mineral resources and energy Ernesto Elias Tonela, this pact "bolsters security measures and endeavours to create a safe operating environment for partners like Total, which enables their ongoing investment in Mozambican industry.”

2020-07-16 00:00:00 | Marine construction works to begin for Mozambique LNG

Belgium’s Besix Group, in partnership with Portugal’s Mota-Engil SA, will start constructing marine facilities for the Mozambique LNG Project this year. It will include one of the world’s longest jetty structures.

2020-06-24 00:00:00 | Mozambique LNG secures USD 2.25 billion from host government

Total has been offered a five-year, USD 2.25 billion funding guarantee from the Mozambican government to build the Mozambique LNG Project.

2020-05-20 00:00:00 | Total secures a USD 15 billion loan for the Mozambique LNG project

The Mozambique LNG project is set to receive commitments from a group of 20 banks at a signing scheduled in June. Worth approximately USD 15 billion in financing, the commitments have been made by Société Générale SA, Rand Merchant Bank and Standard Bank Group Ltd., among others. Société Générale is acting as the financial adviser.

2020-04-27 00:00:00 | Mozambique LNG construction begins

According to the just-published International Gas Union's 2020 World LNG Report, construction work in the Mozambique LNG Project area commenced in August 2019.

2019

2019-09-30 00:00:00 | Total acquires Anadarko's 26.5% interest in Mozambique LNG

Total has closed the acquisition of Anadarko’s 26.5% operated interest in the Mozambique LNG Project for a purchase price of USD 3.9 billion. This closing comes after Total reached a binding agreement with Occidental on May 3, 2019, to acquire Anadarko’s assets in Africa (Mozambique, Algeria, Ghana and South Africa). It signed the subsequent Purchase and Sale Agreement on August 3, 2019.

2019-06-18 00:00:00 | Mozambique LNG Project reaches Final Investment Decision

Anadarko Petroleum Corporation and the co-venturers in Mozambique's Offshore Area 1 have announced a Final Investment Decision on the Anadarko-led Area 1 Mozambique LNG Project.

2019-02-05 00:00:00 | Tokyo Gas and Centrica sign joint Mozambique LNG purchase agreement

Japanese energy giant Tokyo Gas and the UK’s Centrica LNG have signed a binding Sale and Purchase Agreement to jointly buy 2.6 million tonnes of LNG per year from Mozambique LNG1 Company Pte Ltd. This agreement covers the start-up of production until the early 2040s.

2018

2018-02-20 00:00:00 | Électricité de France signs Mozambique LNG purchase agreement

EDF has agreed to purchase 1.2 million tonnes of liquified natural gas per year from Anadarko, which is developing a gas field off the northern coast of Mozambique. The purchase agreement is set to run for 15 years.

2017

2017-09-25 00:00:00 | PTT Plc signs Mozambique LNG purchase agreement

The Thai state-owned PTT group has signed an agreement to buy 2.6 million tonnes of gas per year from Anadarko’s Mozambique LNG Project, which is expected to commence deliveries between 2022 and 2023.

2016

2016-11-08 00:00:00 | Mozambican government approves LNG resettlement plan 

TotalEnergies’ resettlement plan for the communities residing where the Mozambique LNG Project will be built has been signed off by the government. The plan considers the physical displacement of the Quitupo community, those losing the use of terrestrial assets and inter-tidal collectors and fishermen affected by the construction work.

2015

2015-05-18 00:00:00 | Anadarko announces Mozambique LNG developers

A consortium consisting of CB&I, Chiyoda Corporation and Saipem (CCS JV) has been commissioned by Anadarko to commence the development of its Mozambique LNG Project. This initial work includes two LNG trains, a multi-berth marine jetty and associated utilities and infrastructure. 

2012

2012-12-21 00:00:00 | Anadarko and ENI sign Mozambican gas development agreement

Rival energy companies Anadarko and ENI have agreed to conduct separate yet coordinated offshore activities in Mozambique to exploit the area’s gas reserves. Anadarko will operate Area 1 and ENI will operate Area 4. The companies will also collaborate on onshore LNG liquefaction facilities, to be built in Mozambique’s Cabo Delgado province.

2011

2011-10-20 00:00:00 | Major gas discovery made in Mozambique

The Italian multinational oil and gas company ENI has discovered an offshore area containing up to 425 billion cubic metres of gas, north of Mozambique’s coastline. The Texas-based Anadarko Petroleum Corporation also has an exploration contract with the government of Mozambique, which was signed in 2007.

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