Mozambique president says TotalEnergies can safely resume $20 bln gas project
to restart the Cabo Delgado liquefied natural gas project that was halted in 2021 after insurgent attacks on civilians.
Nyusi told a mining and energy conference in Maputo that Mozambique wanted to take advantage of the current high prices of LNG and the global shift towards cleaner sources of energy. A TotalEnergies spokesperson said that a decision to restart the project depended on assurances of security and human rights in Cabo Delgado and "a clear vision of the costs of the project after an interruption of more than two years - which must be maintained and not increase".
The energy major's Chairman and Chief Executive Patrick Pouyanne visited Mozmbique two months ago to meet Nyusi and review the security and humanitarian situation in Cabo Delgado.
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