Mozambique and TotalEnergies formally restarted the French energy major's $20 billion liquefied natural gas project in the country at a ceremony on Thursday, nearly…
Mozambique and TotalEnergies formally restarted the French energy major's $20 billion liquefied natural gas project in the country at a ceremony on Thursday, nearly five years after it was put on hold following a deadly attack by Islamist militants.
Construction was halted in 2021. But TotalEnergies, which has taken extra equity with its partners after some backers pulled out, said late last year it was ready to resume work at the site in the northern province of Cabo Delgado.
"You will see a massive ramp-up in activity in coming months ... a first offshore vessel has already been mobilized to begin installing the offshore infrastructure," TotalEnergies CEO Patrick Pouyanne said in Afungi, near the project site, on Thursday.
The company added it would provide 200 million meticals ($3.2 million) to help Mozambique deal with the effects of recent flooding.
"Within the next 12 to 18 months, we will return to this place to witness the start of construction on Rovuma LNG," said Mozambican President Daniel Chapo, referring to the Exxon-led project that shares some facilities with Total's.
Taxes, Profits to Boost Government Coffers
Total has already trained about 4,500 workers to be employed on the project, Pouyanne
Content Original Link:
" target="_blank">
