TotalEnergies delays troubled $20bn LNG project in Mozambique

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Financial Times 13h ago

TotalEnergies delays troubled $20bn LNG project in Mozambique - Financial Times

Quick Summary:

This makes it one of the French company’s largest sources of LNG in a pipeline of projects set to start by 2030, according to a presentation at the company’s October investor day.

More than 350 people have been killed since the October poll in anti-government protests, which have disrupted businesses, closed land borders and shut down ports.

President Daniel Chapo, who was sworn in this month, made protection of the gas project and suppression of the insurgency a plank of his election campaign.