TotalEnergies Delays Mozambique LNG Project Again, FT Says

Dow Jones
01-22
 

--TotalEnergies has further delayed plans to restart its $20 billion LNG project in Mozambique due to renewed security fears, the Financial Times reports.

--The company had planned to restart the project by the end of 2024 but this has been delayed after violence flared following October's disputed presidential election. The delay now puts its 2029 production goal at risk, the FT reports.

--TotalEnergies has confirmed the delay, according to the FT.

 

Full story: https://shorturl.at/sdJbS

 

Write to Adam Whittaker at adam.whittaker@wsj.com

 

(END) Dow Jones Newswires

January 22, 2025 02:58 ET (07:58 GMT)

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