The Mozambique LNG project that the Export-Import Bank just approved a loan for will benefit not only southern Africa but also the US economy. On March 13, 2025, the U.S. Export-Import Bank (EXIM) ...

Saipem expects the $20-billion Mozambique LNG project, halted for four years, to restart construction by the end of summer.

Italy's Saipem is confident that a $20-billion liquefied natural gas project in Mozambique for TotalEnergies will restart by ...

TotalEnergies is locked in talks with the Mozambique government about creating the right conditions to restart work on its ...

TotalEnergies CEO Patrick Pouyanne recently met with Mozambique President Daniel Chapo to discuss the project's revival.

ONGC has signed a Joint Operating Agreement with BP Exploration and Reliance Industries for offshore exploration of Block ...

Mozambique's government has created the necessary conditions for TotalEnergies to resume its $20B liquefied natural gas project, Minister of Mineral Resources and Energy Estevao Pale said .

The situation led Mozambique LNG to declare force majeure in April 2021. The government of Mozambique is responsible for restoring security: that is the prerogative of a sovereign state.

At the start of January, U.S. oil major Exxon Mobil said that it, along with project partners in Mozambique's Area 4 concession, had secured LNG off-take commitments for the Rovuma LNG project.

The Mozambique LNG project is backed by energy majors in Europe and Asia, and aims to ship out 12.9 million metric tons of LNG per year.

Total’s Mozambique LNG Revival Risks Throwing $4.7 Billion Loan Into Review Security threat by insurgency shut project in early 2021 US has provided biggest portion of $16 billion in financing ...

Bharat Petroleum is now signed on as a buyer of the LNG from the Mozambique project, but Bharat also owns a 10 percent stake in the project. Two other Indian firms own stakes as well.