TotalEnergies SE hired a Washington lobbyist to help approve key export financing in an effort to revive its Mozambique liquefied natural gas project, which has been on hold for years due to security threats.

TotalEnergies has been dealing with ongoing delays and insurgencies regarding its Mozambique LNG project for several years now. The project is expected to start production in 2029. View on euronews

TotalEnergies has further delayed its troubled $20bn liquefied natural gas project in Mozambique as security concerns and political uncertainty dog one of Africa’s biggest energy investments.

France's TotalEnergies has further delayed its $20 billion liquefied natural gas (LNG) project in Mozambique, citing ongoing security concerns, the Financial Times reported on Wednesday.

TotalEnergies postpones the Mozambique Lng project due to the ongoing security threats in Cabo Delgado. A delay that also impacts Saipem which suffers on the stock market

France's TotalEnergies has further delayed its $20 billion liquefied natural gas (LNG) project in Mozambique, citing ongoing security concerns, the Financial Times reported on Wednesday. The LNG project in the restive Cabo Delgado province has been on hold since 2021 when an Islamist insurgency threatened the site.