Islamic State Stages Boldest Attack in Mozambique in Three Years [BNN Bloomberg (Canada)]
TotalEnergies SE (TTE)
Company Research
Source: BNN Bloomberg
The violence is the latest in a string of attacks since December. It signals an escalation in unrest just as the Mozambican government is pushing for TotalEnergies SE to resume development of a $20 billion liquefied natural gas project that it froze in 2021 after insurgents raided the nearby town of Palma, killing more than 800 people. The rebels attacked Macomia before dawn on two fronts, two of the people said, asking not to be identified as they're not authorized to speak to the media. Portuguese news agency Lusa reported that more than 100 fighters were involved in the attack, citing people it didn't identify. Cabo Delgado Governor Valige Tauabo didn't immediately respond to calls and a text message seeking comment. Macomia — about 100 miles south of where TotalEnergies plans to build its gas-export facility — is strategic as it's situated along the main highway connecting the provincial capital of Pemba with the north. It's also where hundreds of soldiers from South Africa h
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