Mozambique LNG gains new momentum with guarantees and political support

The Mozambique LNG project, one of the largest energy investments in Africa, is gaining momentum again after several years of stagnation, with security guarantees and renewed political support at the highest level. This was confirmed by the president of TotalEnergies, Patrick Pouyanné, during a meeting with the Mozambican Head of State, Daniel Chapo, in Brussels.

According to Pouyanné, the conditions are in place to continue construction of the natural gas extraction and liquefaction plant in Area 1 of the Rovuma Basin, located in the Palma district, Cabo Delgado province. He assured that the project should not suffer any further interruptions, highlighting the improved security environment in the region.

“The project will not stop. We are committed to making it a reality, not only for Mozambique, but also for Europe and the global market,” the official stated, emphasizing the strategic nature of the initiative in an international context of growing energy demand.

The project was suspended for about five years due to instability caused by armed attacks in the northern region of the country. However, the relaunch that took place at the beginning of this year marks a new stage, supported by strengthened security conditions and greater coordination between the Government and international partners.

Pouyanné described the meeting with the Mozambican President as productive, highlighting the alignment between the parties regarding the next steps. The manager also guaranteed that he will continue to travel regularly to Mozambique to closely monitor the progress of the work and consolidate institutional cooperation.

Valued at approximately 20 billion dollars, Mozambique LNG is considered a structuring project for the national economy, with the potential to generate thousands of jobs, boost local value chains, and position the country as one of the main exporters of liquefied natural gas.

Meanwhile, during his stay in Belgium, President Daniel Chapo reinforced the appeal for foreign investment, inviting European entrepreneurs to explore opportunities in strategic sectors of the Mozambican economy.

In a meeting with the European private sector, the statesman highlighted the country's potential in the areas of energy, natural gas, infrastructure, agriculture and tourism, emphasizing that Mozambique has favorable conditions for business and industrial expansion.

In addition to Mozambique LNG, the official mentioned other benchmark projects, such as Coral Sul FLNG, led by ENI and already in operation, and Rovuma LNG, developed by ExxonMobil, whose final investment decision could be made in the coming months.

The Head of State also highlighted the ambition to position Mozambique among the world's largest producers of natural gas. Currently in the top ten, the country aims to reach the global top five within the next three to five years, a goal considered strategic for economic growth.

Despite the strong focus on gas, Daniel Chapo emphasized the need for economic diversification, pointing to additional opportunities in the electricity sector, agriculture, and tourism as complementary pillars for sustainable development.

The four-day official visit to the European Union headquarters in Brussels concluded with clear signs of strengthened cooperation between Mozambique and its European partners, at a crucial moment for the country's energy and economic future.