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Inicio Indústria extractiva ENI PUTS PRESSURE ON MOZAMBIQUE TO GRANT KEY BENEFITS IN NEW GAS CONTRACT

ENI PUTS PRESSURE ON MOZAMBIQUE TO GRANT KEY BENEFITS IN NEW GAS CONTRACT

ENI PUTS PRESSURE ON MOZAMBIQUE TO GRANT KEY BENEFITS IN NEW GAS CONTRACT

As Filipe Nyusi’s government approaches the end of its term, a negotiation of enormous impact is about to be decided. The energy giant ENI, responsible for the Coral Norte project, seeks to impose conditions that could harm Mozambique’s national interests for generations. The exclusion of essential clauses, such as in-kind tax payments and local content requirements, jeopardizes the country’s development potential and threatens the creation of a more self-sustaining economy.

With an investment of 7 billion dollars and promises of transformation for Mozambican communities, the future of one of the country’s largest gas projects hangs in the balance. At this critical moment, the question arises: will Mozambique sacrifice its future for rushed and potentially disadvantageous agreements?

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