Two reports out this month take opposing views on whether Mozambique should pursue a gas-led development pathway
Browsing: Oil & Gas
The new plant will eventually be supplied from TotalEnergies’ Rovuma Basin gas fields, but will need to find an alternative gas supply initially
The global transition away from fossil fuels, coupled with ongoing insecurity in Cabo Delgado province, mean Mozambique’s enormous gas reserves risk becoming stranded assets
If global warming is to be kept to below 1.5ºC, then LNG supply from projects which have already been given the go-ahead could exceed demand by around 25%, according to a report released on Thursday by financial think tank Carbon Tracker. If TotalEnergies’ Mozambique LNG project moves ahead, it could be among the projects that are forced to close early
As Tanzania tries to fast track the development of a $30bn gas project on its…...
Tanzania plans to start construction of its 10mtpa LNG project in 2023 and start LNG exports in 2028. As the rising insecurity in Cabo Delgado throws both the timing and volume of Mozambique gas exports into doubt, is the Tanzanian government planning to step up to fill the gap? Or have both countries already missed the market?
The French energy multinational TotalEnergies has declared force majeure on more contracts at its $20bn-plus liquefied natural gas (LNG) project in Cabo Delgado province, in the wake of ongoing terrorist activity near the project’s construction site, two sources have told Zitamar News
Much of Cabo Delgado's business community fears bankruptcy amid uncertainty over when and how the Mozambique LNG project will ever restart
A billion dollars in financing for the Total-led Mozambique LNG project could be withdrawn if the UK government loses a legal challenge over its support for the project, campaigners say.
Total is expecting at least a year’s delay at its $20bn Mozambique LNG project due to the escalating security crisis in the Cabo Delgado, Jean-Pierre Sbraire, chief financial officer at the French oil major said on Thursday