Headlines
Mozambique says conditions met for TotalEnergies to resume work on LNG project
Published by Global Banking & Finance Review®
Posted on October 2, 2025
1 min readLast updated: January 21, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on October 2, 2025
1 min readLast updated: January 21, 2026
Mozambique confirms conditions for TotalEnergies to resume its LNG project, halted in 2021. The project aims to be operational by 2029, boosting Mozambique's energy sector.
MAPUTO (Reuters) -Mozambique President Daniel Chapo said on Thursday that the conditions have been met for French energy company TotalEnergies to lift force majeure on its $20 billion liquefied natural gas (LNG) project in the Southern African country.
TotalEnergies halted work on its Mozambique LNG project in 2021 after an Islamist militant attack.
It forecasts the 13 million metric ton-per-year project will come online in 2029, around five years later than initially expected.
"Conditions are met for the lifting of force majeure, and we await the pronouncement of the concession holder shortly," Chapo said at a ceremony where Italian firm Eni and its partners took a final investment decision on another gas project in Mozambique.
TotalEnergies declined to comment on Chapo's comments.
For TotalEnergies, the world's second-largest listed LNG player, the megaproject offers a chance to narrow the lead of rival Shell as global demand for gas surges and Western buyers seek to avoid Russian gas.
(Reporting by Manuel Mucari and Custodio Cossa; Writing by Wendell Roelf and Alexander Winning)
Liquefied natural gas (LNG) is natural gas that has been cooled to a liquid state for ease of storage and transport. It is primarily used for energy production and is a cleaner alternative to other fossil fuels.
A final investment decision (FID) is a commitment made by a company to proceed with a project after evaluating its feasibility and potential returns. It marks the official start of project development.
An LNG project involves the production, processing, and transportation of liquefied natural gas. These projects typically require significant investment and infrastructure to convert natural gas into a liquid form for shipping.
TotalEnergies is one of the world's largest players in the LNG market, involved in the exploration, production, and distribution of liquefied natural gas. The company aims to expand its LNG portfolio to meet growing global energy demands.
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