EXCLUSIVE-Galp says it won’t invest in Rovuma until Mozambique ensures security
SERGIO GONCALVES PORTUGAL’S Galp Energia, a partner in an Exxon Mobil-led gas consortium in Mozambique, will not invest in onshore plants there until authorities guarantee security and social stability, which may take time, CEO Andy Brown told Reuters. This marks a second setback to Mozambique's hopes to develop a major LNG gas hub in the coming years after TotalEnergies suspended its own, separate LNG project in the country. Attacks by militants in northern Mozambique's Cabo Delgado region, near the $30 billion Rovuma liquefied natural gas project, have forced hundreds of thousands of people to flee the area. The Mozambican government…