The future of Mozambique’s gas ambitions hinges on its ability to end a deadly insurgency linked to Islamic State, but if peace is the answer the southern African country and French energy giant TotalEnergies (TTEF.PA) may have a problem. Four months after gunmen overran Palma, a town housing TotalEnergies contractors near its Afungi site in Cabo Delgado province, the insurgents still control swathes of territory and a key port while the army is in tatters, security experts, military personnel, company officials and insiders told Reuters. TotalEnergies has said its $20 billion gas project will remain on hold until security is restored in the province in a “verifiable and sustainable manner”. At the end of April, it estimated the delays would last at least a year. read more The Mozambican government says Palma itself is now pacified and it is working to ensure peace in […]