Italian energy services group Saipem expects construction of the $20-billion Mozambique LNG project to restart by the end of the summer after being under force majeure for four years, Saipem’s CEO Alessandro Puliti said on Thursday. The $20-billion LNG export project in Mozambique led by French supermajor TotalEnergies was halted in 2021 due to a deteriorated security situation and has been under force majeure ever since. In 2021, following Islamist militant attacks in towns close to the site, TotalEnergies suspended works…
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