According to TotalEnergies CEO Patrick Pouyanne, the $20 billion Mozambique liquefied natural gas (LNG) project is to resume development “this summer.”
The project will have a capacity of 13.12 million metric tonnes per annum. TotalEnergies is the project’s operator with a stake of 26.5%, followed by Mitsui & Co with 20%, while Mozambique’s state-owned ENH has 15%. Indian state firms and Thailand’s PTTEP own the rest.
(Source bizcommunity)
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