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Mozambique LNG Project Resumption and Audit

Sector: Natural Gas • Location: Palma, Cabo Delgado, Mozambique

Source: AIM News

Project
Planned

The Mozambican government has given TotalEnergies the green light to resume its natural gas liquefaction project in Palma district, Cabo Delgado. TotalEnergies claims extra costs of 4.5 billion USD incurred during the suspension due to force majeure declared after terrorist attacks. The government is planning an audit of these recoverable costs but has not set a deadline or selected an auditor yet

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The project “Mozambique LNG Project Resumption and Audit” is an infrastructure initiative in the Natural Gas sector, located in Palma, Cabo Delgado, Mozambique. Taiyo aggregates data on it from AIM News.

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Description

Description

The Mozambican government has given TotalEnergies the green light to resume its natural gas liquefaction project in Palma district, Cabo Delgado. TotalEnergies claims extra costs of 4.5 billion USD incurred during the suspension due to force majeure declared after terrorist attacks. The government is planning an audit of these recoverable costs but has not set a deadline or selected an auditor yet. Terms of reference for the audit are being drafted, and TotalEnergies must present a 30-day calendar for relaunch activities.

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