Total called off a liquefied natural gas project in Mozambique.
A gas company; Total that it’s headquarters are in France, called off a $60bn project to extract and export liquefied natural gas that is found in Mozambique.
Total declared a force majeure on the project because of the Islamic State-linked militants attacks.
Mozambique was hoping to make a profit of $100 bn over 25 years from the liquefied natural gas project.
President of Mozambique; Filipe Nyusi said his government is working towards restoring peace in the country.