TotalEnergies lifts force majeure on Mozambique’s LNG project, now delayed to 2029 due to attacks and cost hikes.

TotalEnergies and its partners have lifted force majeure on Mozambique’s $20 billion LNG project, four years after Islamist militant attacks halted construction. The company notified the Mozambican government, but full restart requires approval of an updated development plan, budget, and schedule by the council of ministers. The project, now 40% complete, is now forecast to begin operations in 2029—five years behind schedule—due to security disruptions and rising costs, which have increased by at least $4 billion. Contracts cover nearly 90% of output, with buyers including CNOOC, EDF, Shell, and ENH. The project remains in containment mode, with site access limited to air or sea.