Category: Mozambique LNG
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TotalEnergies reboots $20 billion LNG project after years-long hiatus
TotalEnergies reboots $20 billion LNG project after years-long hiatus France’s energy giant TotalEnergies has hit the reset button for the construction of a multibillion-dollar liquefied natural gas (LNG) development off the coast of Mozambique. The reignition comes almost five years after the project was put on ice, with force majeure declared in April 2021. The…
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$7.2 billion project cleared for takeoff to unlock more gas and LNG offshore Mozambique
$7.2 billion project cleared for takeoff to unlock more gas and LNG offshore Mozambique With the green light for a multibillion-dollar floating liquefied natural gas (FLNG) project, Mozambique’s government is intent on augmenting gas production and strengthening the African country’s LNG position, given the role natural gas is expected to play in the global energy…
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$5 billion loan dusting off the cobwebs from TotalEnergies’ stalled $20B LNG project
$5 billion loan dusting off the cobwebs from TotalEnergies’ stalled $20B LNG project Following a years-long hiatus, a multibillion-dollar liquefied natural gas (LNG) project off the coast of Mozambique is shaking the rust off its development by getting back on track with a loan of nearly $5 billion secured from the newly appointed board of…