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Business Recorder
20-05-2025
- Business
- Business Recorder
WGC-TotalEnergies CEO will propose lifting force majeure on Mozambique LNG project
BEIJING: TotalEnergies plans to propose to the Mozambique government to lift the force majeure on its liquefied natural gas (LNG) project there and plans to resume construction by mid-summer, CEO Patrick Pouyanne said on Tuesday. TotalEnergies sells 50% stake in Polish biogas company to HitecVision The French energy major is also looking at reducing the capital expenditure of its Papua LNG project by 20%-25%, he told Reuters on the sidelines of the World Gas conference.


Reuters
20-05-2025
- Business
- Reuters
WGC TotalEnergies CEO will propose lifting force majeure on Mozambique LNG project
BEIJING, May 20 (Reuters) - TotalEnergies ( opens new tab plans to propose to the Mozambique government to lift the force majeure on its liquefied natural gas (LNG) project there and plans to resume construction by mid-summer, CEO Patrick Pouyanne said on Tuesday. The French energy major is also looking at reducing the capital expenditure of its Papua LNG project by 20%-25%, he told Reuters on the sidelines of the World Gas conference.