TotalEnergies to restart Mozambique LNG project in 2024

MAPUTO, December 27, 2023 – TotalEnergies has decided to restart its USD 20-billion Mozambique LNG development in Q1 2024, Reuters reported on Friday.

The scope of the project includes development of the Golfinho and Atum fields at the nearby Offshore Area 1 concession that will tie back to an onshore LNG production facility.

In March 2023, TotalEnergies notified EPC contractors Saipem and its partners of the gradual restart of the project, which includes building two liquefaction trains with a combined capacity of 13 million tonnes per year of LNG.

TotalEnergies has a 26.5% stake in the project alongside local NOC Empresa Nacional de Hidrocarbonetos with a 15% stake, Japan’s Mitsui & Co. with a 20% stake, Indian companies ONGC Videsh, Bharat Petroleum and Oil India with 10% stakes each, and Thailand’s PTT Exploration and Production with the remaining 8.5% stake.

In May 2023, TotalEnergies published a humanitarian report outlining an action plan to boost local aid and restart the project.

The report by humanitarian action expert Jean-Christophe Rufin observed that danger zones were located south and west of the project site.

It also recommended an action plan including making payments to displaced families, building new houses, improving access to fishing, renegotiating terms with local defence groups and establishing a local foundation with a multiannual budget of USD 200 million.

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