TotalEnergies Revives $20 Billion Mozambique LNG Project

TotalEnergies and its international partners have officially lifted force majeure on the $20 billion Mozambique LNG project

This development marks a significant step forward for the country’s energy ambitions, four years after the project was halted due to regional instability.

The decision comes after continuous engagement with the Mozambican government and partners to ensure safety, sustainability, and economic viability. The relaunch of the project signals renewed confidence in Mozambique’s stability and its potential as one of the world’s emerging natural gas hubs.

TotalEnergies, which leads the project, has emphasized that the next stage will move ahead once the updated budget and schedule are approved by Mozambique’s council of ministers. This ensures that the project will resume under optimized financial and operational conditions.

The Mozambique LNG venture is expected to begin production in 2029 and will deliver around 13 million metric tons of liquefied natural gas annually. This production capacity will contribute significantly to meeting global clean energy needs and enhancing Africa’s role in the energy transition.

Despite the temporary pause, the project has already secured long-term contracts for nearly 90% of its future output. Buyers include major international companies such as China’s CNOOC, France’s EDF, and Britain’s Shell, reflecting strong global confidence in the project’s long-term potential.

Local benefits are a key focus, with Mozambique’s state energy firm ENH set to receive a portion of the gas, ensuring that national development remains central to the project’s goals. The government aims to use LNG revenue to improve infrastructure, create jobs, and stimulate social development.

TotalEnergies has highlighted that while costs have risen due to security and logistical challenges, the collaborative approach with partners such as Bharat Petroleum, Mitsui, ENI, and ExxonMobil ensures that the project remains financially sound. The consortium’s diverse shareholder base underscores the international commitment to Mozambique’s energy success.

Safety remains a top priority as the remaining phases of construction will take place in containment mode, with workers entering the site by air or sea to maintain a secure environment. This careful planning will allow operations to progress while maintaining the highest security standards.

Mozambique’s vast offshore gas reserves have the potential to transform the country into a leading global energy exporter. With the support of international stakeholders, the LNG project is expected to attract further foreign investment and strengthen Mozambique’s economic foundations.

The revival of the Mozambique LNG project also aligns with global efforts to expand cleaner energy sources. As natural gas emits fewer emissions compared to coal and oil, the project contributes to a sustainable energy transition that benefits both regional and global markets.

TotalEnergies’ renewed commitment sends a strong message of resilience and partnership. The relaunch not only represents progress for Mozambique but also highlights the importance of collaboration in overcoming challenges and advancing toward a cleaner, more secure energy future.