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Clouds Thicken Over Africa’s Biggest LNG Project

Summary by Oil Price
Mozambique LNG, a project with a price tag of $20 billion, may never see the light of day despite the bullish outlook for LNG demand. It seems that not everyone has heard the news that the world is going to need even more LNG in the future. Work on Mozambique LNG has been suspended since 2021 when project lead TotalEnergies declared force majeure on work on the facility amid intensified fighting between local political factions. Now, it is plann…

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Institute for Energy Economics & Financial Analysis… broke the news in on Wednesday, February 12, 2025.
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