Patrick Pouyanne, TotalEnergies CEO
Rising costs threaten Mozambique LNG
As security improves, TotalEnergies has other concerns
TotalEnergies’ stalled Mozambique LNG project may face further delays, despite improvements to the security situation in the region. The French major halted the onshore development and declared force majeure in April 2021 following deadly attacks by insurgents. CEO Patrick Pouyanne has now expanded the criteria for the project to resume, going above and beyond his previous statements which only emphasised security. Speaking at the TotalEnergies’ annual results presentation, Pouyanne describes his recent visit to Mozambique — and the Cabo Delgado province in particular — saying “what I have seen of the security situation is good”. “If costs keep going up, we will wait” Pouyanne, TotalEn
Also in this section
6 February 2026
The long close relationship between key supplier Qatar and pivotal buyer Japan becomes even deeper following new landmark deal
6 February 2026
Partnerships across the LNG value chain have evolved over time, growing in both complexity and importance, according to panellists at LNG2026
6 February 2026
Nigeria's mega-refinery is still trying to solve many challenges, all while its owner talks up expansion
5 February 2026
While broadly supportive of EU efforts to tackle methane emissions, representatives of the gas industry warn it could deter supply contracting if timelines and compliance requirements are not made more pragmatic
