TotalEnergies Delays $20-Billion Mozambique LNG Project Once Again ...Middle East

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TotalEnergies Delays $20-Billion Mozambique LNG Project Once Again
source : OILPRICE ( Middle East ) () 89
Complicated political uncertainties and security issues have forced TotalEnergies to push back once again the restart of works for its $20-billion LNG export project in Mozambique, which has been under force majeure since 2021, the French supermajor told the Financial Times. In 2021, following Islamist militant attacks in towns close to the site, TotalEnergies suspended works on the project, which was Africa’s largest foreign investment when announced. The project site is close to the town of Palma in the Cabo Delgado province,…

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