TotalEnergies CEO to Propose Lifting Force Majeure on Mozambique LNG Project, Resume Construction

TTE
November 01, 2025

TotalEnergies plans to propose to the Mozambique government to lift the force majeure on its liquefied natural gas (LNG) project there, CEO Patrick Pouyanne announced on May 20, 2025. He stated that the company plans to resume construction by mid-summer.

This announcement marks a significant positive turning point for the $20 billion project, which has been stalled for years due to security concerns. The lifting of force majeure is a critical step towards reactivating the massive investment.

For investors, this development signals a clear path forward for one of TotalEnergies' most substantial projects, promising future production and revenue. It reflects successful engagement with the Mozambican government to create conditions for a safe and viable restart.

The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.