Mozambique LNG targets 2028 start-up – TotalEnergies
The gas-rich country continues to attract interest, despite security challenges
TotalEnergies is “working to create the conditions for a restart” of its Mozambique LNG project, “with a target start up in 2028”, confirmed Nicolas Terraz, president for exploration and production at the French major. The project was halted in 2021 and force majeure declared following a deadly attack by insurgents. TotalEnergies CEO Patrick Pouyanne stated that “the situation has clearly improved because the governmental forces, supported by other countries, in particular Rwanda, have taken back the control of the situation in [the northern province of] Cabo Delgado”. Pouyanne confirmed “a number of audits” have been completed and assessed as “satisfactory”, while the company’s “objective i
Also in this section
18 December 2024
The energy transition will not succeed without a reliable baseload, but the world risks a shortfall unless more money goes into gas
18 December 2024
The December/January issue of Petroleum Economist is out now!
17 December 2024
Structurally lower GDP growth and the need for a different economic model will contribute to a significant slowdown
17 December 2024
Policymakers and stakeholders must work together to develop a stable and predictable fiscal regime that prioritises the country’s energy security and economy