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 ...

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.

Mozambique has created the conditions needed to restart TotalEnergies’ massive $20 billion liquefied natural gas (LNG) project, according to the country’s energy minister. ・Mozambique plans to resume ...

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 ...

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.

TotalEnergies SE won’t export LNG from Mozambique before 2027 at the earliest, as it considers whether to restart a project halted two years ago by an Islamic State-linked insurgency.

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 .

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.

This marks a second setback to Mozambique's hopes to develop a major liquefied nature gas (LNG) hub in the coming years after TotalEnergies (TOTF.PA) suspended its own, separate LNG project in the ...