Mozambique: New Petroleum Law shields state from force majeure costs — AIM report

The Mozambican government has strengthened the legal provisions governing force majeure following its “bitter” experience with TotalEnergies, which declared force majeure in 2021 on the Mozambique LNG project because of insecurity in Cabo Delgado. The new rules stipulate that each party bears its own costs and that, after a year of suspension, the government and…

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