While LNG projects boom globally, ENI plans to invest $7.2B to expand LNG in Mozambique, mainly for export to 🇪🇺, ignoring harm to communities, nature & climate. This
#fossilgamble traps Mozambique into fossil dependency &
#climatechaos #ClimateJustice #StopFossilGas www.gurufocus.com/news/3129275...
$7.2 Billion LNG Bombshell: Eni's Giant Bet Could Rewrite Mozamb
Eni (E) has signed off on a $7.2 billion bet that could shift Mozambique into the front ranks of Africa's LNG exporters. The company's Coral Norte floating proj