Mozambique Leader Says to Negotiate TotalEnergies LNG Cost Hikes
Mozambique Leader Says to Negotiate TotalEnergies LNG Cost Hikes
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Mozambique Leader Says to Negotiate TotalEnergies LNG Cost Hikes

🕒︎ 2025-10-31

Copyright Bloomberg

Mozambique Leader Says to Negotiate TotalEnergies LNG Cost Hikes

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Mozambican President Daniel Chapo said the southeast African nation is considering a proposal by TotalEnergies SE to change the contract period and approve increased costs for its liquefied natural gas project. Total Chief Executive Officer Patrick Pouyanné wrote to Chapo last week, seeking approval for a 10-year extension to the development contract and a $4.5-billion increase in charges to the project that’s been delayed since 2021 because of security issues, according to a letter seen by Bloomberg.

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