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Mozambique LNG Project

Sector: Natural Gas • Location: Mozambique

Source: Reuters

Project
On Hold

A liquefied natural gas (LNG) project in Mozambique led by TotalEnergies. The project has been on hold for four years due to an Islamist militant attack in 2021. TotalEnergies and its partners have proposed an updated budget and schedule, including a $4.5 billion cost increase and a 10-year extension of the development and production period. The project is 40% complete and faces ongoing security c

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The project “Mozambique LNG Project” is an infrastructure initiative in the Natural Gas sector, located in Mozambique. Taiyo aggregates data on it from Reuters.

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Description

Description

A liquefied natural gas (LNG) project in Mozambique led by TotalEnergies. The project has been on hold for four years due to an Islamist militant attack in 2021. TotalEnergies and its partners have proposed an updated budget and schedule, including a $4.5 billion cost increase and a 10-year extension of the development and production period. The project is 40% complete and faces ongoing security challenges despite a new security pact with Rwanda.

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