Summary
TotalEnergies has restarted work on a $20 billion liquefied natural gas (LNG) project in Mozambique, which was paused due to regional violence. The project aims to produce over 13 million tonnes of LNG annually and could generate substantial revenue for Mozambique. Despite security improvements, there are concerns about environmental and human rights implications.
Key Facts
- TotalEnergies is a French energy company that paused the project in 2021 due to violence in Mozambique.
- The project is located in Cabo Delgado province and is one of Africa's largest LNG projects.
- Mozambique's President Daniel Chapo and TotalEnergies' executive Patrick Pouyanne announced its restart.
- The project is expected to produce over 13 million tonnes of LNG each year by 2029.
- Estimated economic benefits include around $35 billion for Mozambique through taxes and profits.
- Up to 7,000 jobs for locals and $4 billion in local contracts are expected during construction.
- Security in the area has improved with the help of regional forces and Rwandan soldiers.
- Environmental and human rights groups have raised concerns about the project's impacts.
- TotalEnergies is facing legal challenges related to past security issues and alleged human rights abuses.
