Remaining ahead of the game is crucial in Mozambique, where numerous projects are in the pipeline, but their start dates remain uncertain. Freight News visited Mozambique and found that while volumes have been strong due to several ongoing projects, the election introduced additional uncertainty. The Mozambican election, which took place in early October, introduced additional uncertainty. Most logistics companies are diversifying their portfolios, and although the market has been slow for much of 2024 due to the elections, they are using this period to prepare for the inf lux of oil and gas projects anticipated in 2025.Attention remains focused on the gas project in the north of the country, which has yet to resume operations since Total declared force majeure in March 2021 following insurgent attacks and an unstable security situation. This declaration came in the wake of an Islamic State (IS) attack on the town of Palma in Cabo Delgado province, where the project is based.Several experts told Freight Newsthey not only had their eyes on the Total gas project, but several other developments in the oil and gas field, including a new LNG plant in Temane, commissioned recently. The plant, part of Sasol’s initiative to enhance liquefied natural gas (LNG) production, will employ innovative techniques and replace an older facility which has been operating for over 20 years. The new plant, linked to an ongoing drilling campaign, is scheduled for commissioning within the next two to three months.There is also a lot happening around energy, including renewable energy. There is a Sasol power plant project that runs several barges to assist with logistical operations, while a photovoltaic (PV) power plant in Kwamba has also created opportunities for some companies. Progress is being made on the Namasha windmill project, which is anticipated for nex t year.The recent geopolitical shifts and the elections in more than 50% of the world have, however, inf luenced project dynamics. As governments change hands, energy policies are being redrafted or changed, affecting fossil fuel investments. This has a direct impact on countries such as Mozambique. While some projects have come to a complete standstill, others have seen slowdowns of up to 50%.In light of this, most logistics companies have remained focused on cash f low and adapting business processes to remain prepared for a rebound in the market. There is optimism for a strong recovery in the next year. LV
