TotalEnergies plans to restart its Mozambique gas project by summer 2025
After four years of interruption due to regional insecurity, TotalEnergies announces the upcoming resumption of its liquefied natural gas project in Mozambique, representing a $20bn investment.
| Countries | France, Italie, Japon, Mozambique, Thaïlande |
|---|---|
| Companies | Mitsui, Eni, PTTEP, TotalEnergies |
| Sector | Gaz, GNL |
| Theme | Investissements & Transactions, Financement, Développement de projets |
The French company TotalEnergies has confirmed its intention to resume operations this summer on its major liquefied natural gas (LNG) project in Mozambique, suspended since 2021 due to security concerns. The group’s Chairman and Chief Executive Officer, Patrick Pouyanné, made this announcement during the recent Energy Summit held in Tokyo, Japan. The project, located in the offshore region designated Area 1, aims to exploit the Golfinho and Atum gas fields. The construction also includes the establishment of a liquefaction plant with two production units, capable of producing approximately 13.12 million tonnes of LNG per year.
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