Communication - Presse

Mozambique LNG Reaches 45% Completion, Production on Track for 2029

The update was provided this week during the presentation of TotalEnergies' second-quarter 2026 results, with chief executive Patrick Pouyanné stating that since the megaproject was restarted in January, the company has continued to ramp up personnel mobilisation at the Afungi site in Cabo Delgado, in northern Mozambique.

Pouyanné said the workforce currently involved in construction stands at between 7,000 and 8,000 workers. "When we compare with the progress curve, we are almost at 45% completion," he said.

The TotalEnergies chief executive acknowledged, in the transcript of the presentation reviewed by Lusa, that the Middle East conflict had created logistical constraints for the project, as part of the equipment was being manufactured in Dubai and other facilities in the region.

"We had to face some difficulties to transport that equipment out of the region," he said, adding that those problems have since been resolved. "I think that is sorted out," Pouyanné said.

Despite those delays, TotalEnergies is maintaining its production schedule for first liquefied natural gas (LNG) output unchanged. "It is on track, with the objective of 2029 for the start-up of the first LNG train," Pouyanné added.

In a separate response to analysts at the same event, Pouyanné again cited Mozambique among the countries considered strategic for the group's future growth, alongside Suriname, Namibia, and Malaysia. "We are building a position in Mozambique," he said, while defending the company's geographic diversification strategy.

Mozambique LNG, being developed in Area 1 of the Rovuma Basin, is one of the largest private investments in Africa and is expected to transform Mozambique into one of the world's leading LNG exporters.

The Rovuma Basin holds three major natural gas projects.

Mozambique has three approved projects for the development of natural gas reserves in the Rovuma Basin, off the coast of Cabo Delgado, which are considered among the largest in the world.

The Coral Sul project, led by Eni, is currently the only one in production, having come on stream in 2022. Last October, a final investment decision was also approved for the second floating liquefaction platform, Coral Norte, valued at US$7.2 billion, which is expected to double production capacity to seven million tonnes of LNG per year from 2028, with a third unit currently under study.

After four years of suspension due to insecurity caused by armed attacks in Cabo Delgado, the Mozambique LNG project in Area 1 — led by TotalEnergies and valued at US$20 billion — officially resumed in January and targets production of up to 13 million tonnes of LNG per year from 2029.

The third project, Rovuma LNG in Area 4, is estimated at US$30 billion. Its construction and operation will be led by ExxonMobil as delegated operator, with a projected production capacity of 18 million tonnes per year after 2030. A final investment decision is expected in September.

Source: https://360mozambique.com/oil-gas/mozambique-lng-reaches-45-completion-production-on-track-for-2029/