Britain's government said Monday it would no longer provide TotalEnergies with a loan for a gas project in Mozambique that the French group halted over a jihadist attack.

Its decision to withhold up to $1.15 billion of funding for the liquified natural gas project (LNG) comes after a consortium led by TotalEnergies announced in October that it would lift a suspension on the work imposed in 2021 because of the deadly violence.

"Whilst these decisions are never easy, the government believes that UK financing of this project will not advance the interests of our country," Business Secretary Peter Kyle said in a statement.

UK Export Finance (UKEF), a government agency, has taken the decision to halt financing for the project which was originally seen to benefit Britain.

The $20-billion LNG

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