TotalEnergies Chief Executive Patrick Pouyanne stated on June 18, 2025, that he expects the company's $20-billion Mozambique liquefied natural gas (LNG) project to resume development 'this summer'. This reinforces earlier indications of a potential restart for the stalled project.
This announcement follows previous discussions with the Mozambican government and a proposal to lift the force majeure. The resumption of construction is a critical step towards bringing this massive project online, which is vital for TotalEnergies' future LNG production.
For investors, this strong signal from the CEO provides increased confidence in the project's revival, which has been a significant point of uncertainty. The restart of the Mozambique LNG project is expected to contribute substantially to the company's long-term revenue and cash flow.
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