None
EN
TotalEnergies Set To Revive Stalled $20B LNG Project In Mozambique
['Alex Kimani', 'Alex Kimani Is A Veteran Finance Writer', 'Investor', 'Engineer', 'Researcher For Safehaven.Com.', 'More Info']
OilPrice.com Daily News Update
With a 26.5% stake, TotalEnergies is the main operator of the $20B LNG project, making it Africa’s largest private investment.
“Once operational, the two-train LNG project will boost our upstream presence and support the energy transition.
However, whereas this smaller project is active, larger, land-based LNG projects, including TotalEnergies' giant project in Cabo Delgado, remain suspended due to security concerns.
In effect, Sudan receives ~$18 million from South Sudan’s oil every day.
South Sudan's gross domestic product (GDP) fell from ~12 billion in 2011 when the country gained independence, to just $5.4 billion in 2024.
['mozambique'
'set'
'oil'
'south'
'forces'
'billion'
'project'
'20b'
'remain'
'stalled'
'sudan'
'security'
'sudans'
'revive'
'totalenergies'
'lng']