TotalEnergies CEO, Mozambique president talk LNG project restart

Patrick Pouyanne, CEO of French energy giant TotalEnergies, met with the new President of Mozambique, Daniel Chapo, to discuss the restart of construction on the 12.8 mtpa Mozambique LNG project.

Chapo, who started his mandate as the president of Mozambique on January 15, announced the meeting in a post on his official X channel.

The meeting took place on Monday where “we discussed the company’s progress and commitment to the development of the liquefied natural gas (LNG) project in Cabo Delgado,” Chapo said in the post.

“During the conversation, Pouyann reaffirmed TotalEnergies’ commitment to resuming the project, currently suspended since 2021, due to security challenges in the region,” he said.

“On our side, we reaffirm the importance of the project for Mozambique’s economic growth, which is why efforts are being made to ensure the stability necessary for its implementation,” Chapo said.

Pouyanne said in October last year that TotalEnergies and its partners were working to restart construction on the giant LNG project by the end of 2024.

He said the project was expected to launch operations in 2029.

“So, the 2029 target, which is on the slide, is linked to restarting the project by the end of 2024. This is where we are today on this project,” Pouyanne said at the time, meaning that the 2029 target is not feasible anymore.

The restart of the project remains subject to security and financing commitments.

TotalEnergies declared force majeure on the Mozambique LNG project in April 2021 and withdrew all personnel from the site due to new attacks.

Mozambique LNG includes the development of offshore gas fields in Mozambique’s Area 1 and a liquefaction plant at the Afungi complex.

Besides TotalEnergies, other partners in the project include Japan’s Mitsui, Mozambique’s ENH, Thailand’s PTT, and Indian firms ONGC, Bharat Petroleum, and Oil India.

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