US $20bn Mozambique LNG project to restart

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TotalEnergies is preparing to restart a "carbon bomb." Four years after suspending a mega-liquefied natural gas project in Mozambique, the French group announced on Saturday, October 25, that it had lifted the "force majeure" status affecting the project. To restart, it only needs the green light from the Mozambican government. This $20 billion project involves opening gas fields located 2,000 meters below the ocean's surface, then transporting …

L'EnerGeek

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In 2021, a deadly jihadist attack had put the mega-gas project of the French giant TotalEnergies on hold. Four years later, the group is positioning itself for a resumption of the project. The TotalEnergies project in Mozambique will start again TotalEnergies announces the revival of its LNG project in Mozambique. Suspended since April 2021 due to a jihadist attack in Cabo Delgado province, the project will restart subject to the approval of a n…

L'AGEFI

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The oil tanker still needs a green light from the local government to take over this $20 billion investment project.

Financial Afrik

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TotalEnergies and its partners have lifted the force majeure clause on their mega-Liquefied Natural Gas (LNG) project in Mozambique, with an initial value of 20 billion dollars, interrupted since 2021 following attacks by armed groups in Cabo Delgado province. In a press release, the French group confirmed the sending of a...