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TotalEnergies Resumes $20B LNG Project in Mozambique

10/26/2025

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Summary

Story summary

TotalEnergies has lifted the force majeure on its $20 billion liquefied natural gas project in Mozambique, enabling work to resume after a four-year suspension due to an Islamist insurgency.
The company incurred an additional $4.5 billion in costs during the halt and is requesting a 10-year extension on its production license.
First LNG exports are now anticipated in the first half of 2029, reflecting a five-year delay from the initial schedule.
Despite enhanced security measures, sporadic insurgent attacks continue, underscoring the necessity for sustained stability for Mozambique's economic recovery.

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Story summary

TotalEnergies has lifted the force majeure on its $20 billion liquefied natural gas project in Mozambique, enabling work to resume after a four-year suspension due to an Islamist insurgency.
The company incurred an additional $4.5 billion in costs during the halt and is requesting a 10-year extension on its production license.
First LNG exports are now anticipated in the first half of 2029, reflecting a five-year delay from the initial schedule.
Despite enhanced security measures, sporadic insurgent attacks continue, underscoring the necessity for sustained stability for Mozambique's economic recovery.