Exxon 'could drop' Rovuma LNG project; Fuel prices rise sharply

Welcome to Zitamar’s daily Mozambique briefing for 21 October 2021

Agenda

• Tomorrow: Renamo to make a statement on fuel price rises, Maputo, 9:30am

The latest from Zitamar News:

Government gives green light to start new gas-fired power plant in Nacala
The new plant will eventually be supplied from TotalEnergies’ Rovuma Basin gas fields, but will need to find an alternative gas supply initially

Two traders from Mueda arrested for supplying insurgents (FREE TO READ)
Two traders from Mueda, suspected of being buyers for insurgents, were brought back to the town to be questioned by local police after they were captured with goods sailing from Pemba to Palma

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From the Zitamar Live Blog:

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‘Hidden debts’ case adjourned for a week
The adjournment follows the expulsion of defence lawyer Alexandre Chivale

Civil society repeats call for debt cancellation
"Credit Suisse's declaration of misconduct legitimizes the demand for total cancellation of debts and compensation to Mozambicans", civil society coalition FMO said this morning

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The best of the rest:

• Exxon could drop Rovuma LNG project in Mozambique (Wall Street Journal)

• Fuel prices rise sharply (ARENE announcement)

• Refugee influx doubles Pemba population (VOA)

• Court clears Sernic officer suspected of shooting Agostino Vuma (Canal de Moçambique)

• Rainy season emergency fund dependent on donors (AIM, TVM, Club of Mozambique)

Exxon could drop Rovuma LNG project in Mozambique (Wall Street Journal)