US EditionMozambique Says TotalEnergies-Led LNG Project to Relaunch on Thursday
The restart follows a deadly 2021 attack and lifting of force majeure, with TotalEnergies seeking $4.5 billion compensation for delay-related costs, signaling renewed investor confidence.
- Long ago, TotalEnergies SE formally restarts construction of its $20 billion liquefied natural gas project in Mozambique, with Patrick Pouyanne saying `The force majeure is over`.
- Islamic State-linked attacks in early 2021 halted construction, killing an estimated 800 people amid an insurgency in Cabo Delgado province that has left more than 6,200 dead since 2017.
- The plant's 13.1 million-ton annual capacity is slated to begin shipments in 2029, while a second floating LNG platform will boost offshore output to around 7 million tons per year.
- TotalEnergies is pursuing about $4.5 billion in compensation from the Mozambique government, while President Daniel Chapo's office called the restart `a significant milestone for the national economy`.
- Environmental and rights groups have sharply criticized the project, calling it a `climate bomb` and accusing it of 'complicity in war crimes' as more than 80 percent of Mozambicans lived below the poverty line.
42 Articles
42 Articles
Radio France Internationale
Giant Mozambique gas project resumes after 5-year security suspension
A controversial gas project in Mozambique has officially restarted. French oil and gas company TotalEnergies halted the project in 2021 due to attacks by a jihadist group. At least 1,500 people were killed, including project employees and many civilians. This morning, the Mozambican government announced that the project will restart today, under the watchful eye of Mozambican President Chapo and Total's CEO. The multi-billion dollar project near…
Associated Press News
French energy giant TotalEnergies resumes Mozambique $20 billion project as insurgency slows
French energy giant TotalEnergies has resumed its $20 billion gas project in northern Mozambique. The project was suspended in 2021 because of an insurgency that killed thousands and displaced more than 1 million people.
TotalEnergies resumes Mozambique gas megaproject after five-year halt
French energy giant TotalEnergies relaunched construction Thursday on a massive gas project in northern Mozambique that was halted for five years after a jihadist attack that claimed hundreds of lives. Reportedly the largest private investment in Africa’s energy infrastructure, the Mozambique liquefied natural gas project is expected to generate thousands of jobs and help make the country one of the world’s biggest LNG exporters. TotalEnergies b…
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