TotalEnergies Seeks 10-Year Extension On Mozambique LNG Project

By Yahoo! Finance   |   1 month ago
TotalEnergies Seeks 10-Year Extension On Mozambique LNG Project

TotalEnergies is seeking more time and flexibility for its Mozambique LNG project, facing a $4.5 billion cost increase. The company requests a 10-year extension on its production deal due to delays caused by militant attacks, pushing the timeline for first LNG exports to early 2029.

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