• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

Mozambique Clears Path for $20 Billion TotalEnergies LNG Project After Years of Delay

3 months ago
in Business, Energy, Features, highlights, Home, home-news, latest News
1 min read
0 0
0
40
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

RelatedPosts

GSE Closes Slightly Lower as Composite Index Falls 0.25%

Producer Price Inflation Rises Marginally to 3.2% in September 

LaLiga Cancels Barcelona vs. Villarreal Match Scheduled to Take Place in Miami

Mozambique Clears Path for $20 Billion TotalEnergies LNG Project After Years of Delay

Mozambique has created the conditions needed to restart TotalEnergies’ massive $20 billion liquefied natural gas (LNG) project, according to the country’s energy minister.

Mozambique has created the conditions needed to restart TotalEnergies’ massive $20 billion liquefied natural gas (LNG) project, according to the country’s energy minister.

The Mozambique LNG project, located in the Cabo Delgado province, was initiated following the 2010 discovery of an extensive natural gas reserve off Mozambique’s northern coast. It culminated in a final investment decision of $20bn in 2019.

The French energy giant halted work on the project in 2021 following a deadly insurgent attack near its Afungi site in northern Mozambique. The violence, linked to Islamic State militants, forced TotalEnergies to suspend operations over safety concerns, Reuters reported.

Now, with security in the region improved, though not fully restored, TotalEnergies is preparing to resume development this summer.

Last week, CEO Patrick Pouyanné met with Mozambique’s newly elected president, Daniel Chapo, to discuss plans for restarting operations and the progress made in stabilizing the area.

Major backing from the U.S.

In March 2025, the US Export-Import Bank approved a $5 billion (€4.61 billion) loan to support the Mozambique LNG project, a significant financial boost for the long-delayed development.

Mozambique LNG is considered vital to the country’s economic future. The project is expected to generate billions in revenue, create jobs, and help lift one of the world’s poorest nations out of poverty.

Tags: Mozambique Clears Path for $20 Billion Totalenergies LNG Project After Years of Delay

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result

Highlights

Black Queens Coach Confident Ahead Of WAFCON Qualifier Against Egypt

UEFA Champions League: Bayern and Real Madrid Stay Perfect, Liverpool and Chelsea hit Five In Record-Breaking Week

Gold Price Falls by Most in Over a Decade as Rally Cools

Businesses Flock to Ethiopia’s Newly-Opened Banking Market

Among Africa’s Top Performing Currencies — the Zambian Kwacha

PIAC Urges Increased Investment in Petroleum Sector as Ghana Projected to Capture 20% of West Africa’s $80bn Oil and Gas Market by 2033

Trending

Business

GSE Closes Slightly Lower as Composite Index Falls 0.25%

October 23, 2025

GSE Closes Slightly Lower as Composite Index Falls 0.25% The Ghana Stock Exchange (GSE) ended Thursday’s trading...

Producer Price Inflation Rises Marginally to 3.2% in September 

October 23, 2025

LaLiga Cancels Barcelona vs. Villarreal Match Scheduled to Take Place in Miami

October 23, 2025

Black Queens Coach Confident Ahead Of WAFCON Qualifier Against Egypt

October 23, 2025

UEFA Champions League: Bayern and Real Madrid Stay Perfect, Liverpool and Chelsea hit Five In Record-Breaking Week

October 23, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.