TotalEnergies CEO says Mozambique LNG project 42 percent complete

In January this year, TotalEnergies and its partners restarted work on the 12.8 million tonnes per annum (mtpa) project after five years of suspension due to attacks.

Besides TotalEnergies, other partners in the project worth approximately $20.5 billion include Japan’s Mitsui, Mozambique’s ENH, Thailand’s PTT, and Indian firms ONGC, Bharat Petroleum, and Oil India.

Mozambique LNG’s EPC contractor is CCS JV, a venture between Saipem, McDermott, and Chiyoda.

Pouyanne told analysts during TotalEnergies’ first-quarter earnings call last week that “we have 6,000 or more people on the ground today.”

“I’ve been there with the President of Mozambique. Construction has began on the first train and jetty,” he said.

Pouyanne noted that the objective and the timing are to produce first LNG from the first train by 2029.

“The global progress of the project at the end of March is 42 percent, in fact. So, we are not starting from scratch,” he said.

“By the way, since January, the security situation in Cabo Delgado is quiet, I would say, and well under control. Thanks to the support of both Mozambican forces, but also Rwanda forces, which are committed to remain in the area,” Pouyanne said.