US EditionMozambique to Audit TotalEnergies' $4.5 Billion Claim After Long Gas-Project Halt
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Mozambique to audit TotalEnergies' $4.5 billion claim after long gas-project halt
Mozambique's ministers announced that they will review the French energy giant's cost-overrun demands tied to a nearly five-year force majeure pause on its LNG project, stalled after a deadly jihadist attack.
Mozambique has announced its audit of the losses caused by the suspension for almost five years of the gas project led by TotalEnergys in Mozambique. The French giant estimates them at $4.5 billion.
The confirmation of the decision was made by an official source of the oil pipeline, which suspended the Rovuma LNG gas project, one of the largest in Africa, estimated at $30 billion (€25.9 billion), following terrorist attacks in Cape Delgado. "We raised the declaration of greater force for the Rovuma LNG project," said a spokesman for ExxonMobile, recalling that it is associated with the totalEnergy mega project in the same area, with a plann…
Mozambique Audits the Additional Cost of Almost Five Years of Suspension of the Totalenergys Project
Mozambique is auditing the additional cost of almost five years of suspension of TotalEnergies Admin FCE 19 Nov 2025 - 16:07 Mozambique announced on Wednesday the losses caused by the suspension for almost five years of the giant gas project carried out in the north of this southern African country by TotalEnergies, which the French giant estimates at $4.5 billion.This project, representing an investment of $20 billion, was interrupted following…
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