EU Boosts Military Funding To Mozambique To Secure Gas Projects

OilPrice.com | Aug 16, 2022 at 2:30 PM
  • As the EU grapples with an energy crisis and seeks alternatives to Russian pipeline gas, the bloc plans to increase its financial support to a military mission in Mozambique – a gas-rich country in Africa plagued by Islamist attacks and insurgents in recent years that have delayed offshore gas projects.
  • The EU now looks to increase fivefold the financial backing to an African military mission in Mozambique, Reuters reported on Tuesday, citing an internal EU document.
  • The project site is close to the town of Palma in the Cabo Delgado province, where Islamic State-affiliated militants have been active for a few years.