UK takes legal advice over pulling out of $20bn Total LNG project in Mozambique

Q: How long will it take to read this news story?

The story "UK takes legal advice over pulling out of $20bn Total LNG project in Mozambique" has 614 words across 23 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "UK takes legal advice over pulling out of $20bn Total LNG project in Mozambique" was covered 14 hours ago by Financial Times, a news publisher based in United States.

Q: How trustworthy is 'Financial Times' news outlet?

Financial Times is a fully independent (privately-owned) news outlet established in 1888 that covers mostly markets, finance, and investing news. The outlet is headquartered in United States and publishes an average of 13 news stories per day. It's most recent story was published 11 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #25876366</li><li>URL: https://beamstart.com/news/uk-takes-legal-advice-over-17386453486439</li></ul>

Financial Times 14h ago

UK takes legal advice over pulling out of $20bn Total LNG project in Mozambique - Financial Times

Quick Summary:

The news comes after the Financial Times reported that the company had delayed its expected restart date from 2024, putting at risk a production date of 2029.

Friends of the Earth warned the UK last October that supporting the Mozambique project would now be “unlawful” and contravene its pledge.

At an investor day in October, Total chief executive Patrick Pouyanné acknowledged that some countries backing the development had shifted their “stance towards financing of LNG or oil and gas projects” since 2020.