"Total Turmoil: Unveiling South Korea's Stake in Mozambique's Climate and Humanitarian Crisis," 29 Jan 2024

[...] In 2021, insurgents launched offensive attacks on the city of Palma, situated close to the site of the onshore LNG complex constructed for TotalEnergies' Mozambique LNG project in Area 1. [...] TotalEnergies is now considering resuming the Mozambique LNG project in 2024. Meanwhile, ExxonMobil and Eni are planning to get back on track with the Rovuma LNG project and expedite the Coral Norte FLNG project, with the goal of reaching a Final Investment Decision in 2025 and 2024, respectively.

Solutions For our Climate (SFOC) has identified the significant participation of South Korean corporations in Mozambique's LNG projects, as they play pivotal roles throughout the entire value chain of the Mozambique LNG business. [...] The LNG projects in Mozambique face significant risks, [...] Firstly, flawed resettlement processes for local communities near the LNG facilities have resulted in forced relocations, inadequate compensation, and the loss of livelihoods.

[...] By providing financial support for the LNG projects in Mozambique, Korean public finance institutions have failed to adequately assess human rights, climate, environmental, and security risks associated with the projects in accordance with both international and internal guidelines. Samsung Heavy Industries is putting forth a significant effort to secure large-scale new orders from the fossil fuel industry, a move that is likely to attract criticism for conflicting with the ESG commitment of both the group headquarters and the company itself. [...]