US EditionTotalEnergies Approves Restart of $20-Bn Mozambique Gas Project
- TotalEnergies has approved the restart of a $20 billion liquefied natural gas project in Mozambique, lifting a suspension from 2021 due to violence.
- The project had been on hold after jihadists attacked near the site in March 2021.
- TotalEnergies stated that the government of Mozambique must approve the restart before work resumes.
- The consortium led by TotalEnergies made this decision known in a statement.
85 Articles
85 Articles
TotalEnergies confirmed on Saturday 25 October the resumption, soon, of its mega-gas project in the Cabo Delgado region of Mozambique. Despite the persistence of the jihadist threat in the north of the country, the president of the country is working to revive the gas projects. Maputo has also recently signed an agreement with the Italian ENI, and the Mozambican president is expected at the headquarters of another giant, Exxon Mobil, in the Unit…
This restart has yet to receive the approval of the Maputo government, according to the French hydrocarbon giant.
After more than four years of suspension following a jihadist attack, TotalEnergys' gas project in Mozambique can resume, subject to the final approval of the Maputo government. ...
This is a 20 billion-million-dollar gas mega project led by the French oil pipeline, which has been conditioned by terrorist attacks in the northern province of Mozambique.
The construction of the site, valued at $20 billion, had been interrupted in 2021 following the murderous attack by jihadists against the nearby city of Palma.
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