TotalEnergies postpones Mozambique LNG gas project restart to 2029
TotalEnergies has set 2029 as the restart date for its Mozambique LNG project, frozen since 2021, delaying the exploitation of a strategic investment worth more than $20bn in liquefied natural gas.
| Countries | France, Mozambique |
|---|---|
| Companies | TotalEnergies |
| Sector | Gaz, Gaz naturel |
| Theme | Politique & Géopolitique, Conflit Armé |
French energy group TotalEnergies has announced that its Mozambique LNG project, suspended since April 2021, will not be restarted before 2029. The announcement was made in New York during the Strategy & Outlook 2025 presentation by Chairman and Chief Executive Officer Patrick Pouyanné. This gas project, one of the largest on the African continent, represents an investment of over USD20bn.
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