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defenceWeb Written by defenceWeb - 302 The logo of French oil and gas company Total is seen in a petrol station in Paris, France, 6 February 2020. - Reuters Through the implementation of standardized security regulations and enhanced community empowerment, Mozambique’s LNG (liquified natural gas) industry can ensure safe and sustainable operations, according to Africa Oil & Power. With substantial offshore gas discoveries equating to over 100 trillion cubic feet, Mozambique has seen an influx in foreign investment aimed at driving liquified natural gas developments in-country, Charne Hundermark writes for Africa Oil & Power. Despite major energy and infrastructure projects spurring job creation and a rise in local activity, the risk of the “resource curse” – in which resource-rich countries fail to fully benefit from their resource wealth due to immediate expropriation of resources and lack of reinvestment in the economy – presents a major challenge ....
Grace Goodrich, Field Editor Find Portuguese version here With substantial offshore gas discoveries equating to over 100 trillion cubic feet, Mozambique has seen an influx in foreign investment aimed at driving Liquified Natural Gas (LNG) developments in-country. Despite major energy and infrastructure projects spurring job creation and a rise in local activity, the risk of the “resource curse” – in which resource-rich countries fail to fully benefit from their resource wealth due to immediate expropriation of resources and lack of reinvestment in the economy – presents a major challenge to both local communities and project developers. To safeguard LNG operations and ensure sustainable project development, oil and gas players must join forces with local government to co-implement standardized security regulations and foster community cooperation that showcases tangible benefits and prioritizes local empowerment. ....
Security and Community: Safeguarding Operations in Mozambique (By Charnè Hundermark) socialnews.xyz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from socialnews.xyz Daily Mail and Mail on Sunday newspapers.
With substantial offshore gas discoveries equating to over 100 trillion cubic feet, Mozambique has seen an influx in foreign investment aimed at driving ....