TotalEnergies CEO says Mozambique LNG project to move ahead, launch by mid-year
ReutersApr 30, 2025 12:12 PM
PARIS, April 30 (Reuters) - TotalEnergies TTEF.PA CEO Patrick Pouyanne said on Wednesday that partners on its long-delayed Mozambique LNG project have decided to move ahead and launch by the middle of the year.
A nearly $5 billion loan for the project was recently approved by U.S. Exim Bank. Pouyanne told analysts on a call that the company is still waiting on some finance decisions, but could finance it with equity.
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