LNG: Mitsui Aiming to Restart Mozambique LNG Project
Dec-05 13:41
Mitsui CEO Kenichi Hori said the company is working closely with TotalEnergies and the Mozambique government to ensure security and finalise plans to restart the Mozambique LNG project construction.
- The $20 billion project has been put on hold since 2021 because of violent unrest in the region.
- The security situation in the area is showing signs of improvement, Hori added.
- "Several key checkpoints remain, but we are now in the final stages of preparation to restart construction as soon as possible," he said.
- In October, TotalEnergies CEO Patrick Pouyanne said that 70% to 80% of financing has been reconfirmed.
- TotalEnergies has previously said that production would start four years after the project’s resumption.
Want to read more?
Find more articles and bullets on these widgets:
Historical bullets
MNI EXCLUSIVE: MNI INTERVIEW: German Economy "Stuck," Top Economist Says
Nov-05 13:39
Kiel Institute for the World Economy (ifw) president Moritz Schularick talks about Germany's economy and car industry.- On MNI Policy MainWire now, for more details please contact sales@marketnews.com
**MNI: CANADIAN SEP TRADE BALANCE CAD -1.3 BILLION
Nov-05 13:30
- MNI: CANADIAN SEP TRADE BALANCE CAD -1.3 BILLION
- CANADA SEP EXPORTS CAD 63.9 BLN, IMPORTS CAD 65.1 BLN
- CANADA REVISED AUG MERCHANDISE TRADE BALANCE CAD -1.5 BLN
**MNI: US SEP TRADE GAP -$84.4B VS AUG -$70.8B
Nov-05 13:30
- MNI: US SEP TRADE GAP -$84.4B VS AUG -$70.8B
Related bullets
Related by topic
Energy Data
US Natgas
TTF ICE
Asia LNG
Gas Positioning
Mozambique
Africa
