French oil major Total has signed a security pact with the Mozambique government to protect a $20 billion natural gas (project being developed in the southern African country, the company said on Monday.
Mozambican security forces have been battling a low-level insurgency against militias suspected of having links to Islamic State in the gas-rich north of the country.
Violence in the northern Cabo Delgado region has receÂntly claimed dozens of lives. Earlier this moÂnth insurgents captured a heavily-defended port in the far northern town of Mocimboa da Praia. Total’s project includes the development of the Golfinho and Atum natural gas fields in the Offshore Area 1 concession, containing more than 60 trillion cubic feet of gas, and the construction of a liquefaction plant with a capacity of 13.1 million tons per annum. Initial production is slated by 2024. “This… bolsters security measures and endeavours to create a safe operating environment for partners like Total which enables their ongoing investment in Mozambican industry,†Ernesto Elias Tonela, minister of mineral resources and energy, said.