Adds details and background paragraph 2 onwards
Jan 22 (Reuters) - France's TotalEnergies TTEF.PA has further delayed its $20 billion liquefied natural gas $(LNG)$ project in Mozambique, citing ongoing security concerns, the Financial Times reported on Wednesday.
The LNG project in the restive Cabo Delgado province has been on hold since 2021 when an Islamist insurgency threatened the site. Dozens of civilians were killed in the attacks in a nearby town, forcing Total to declare a force majeure and withdraw all staff from the construction site.
The company told the FT that plans to restart the project by the end of 2024 have slipped after violence flared following October’s disputed presidential election, putting at risk a goal to begin production in 2029.
Daniel Chapo of the long-ruling Frelimo party took office last week, following months of opposition protests against his disputed election victory in which civil society groups say more than 300 people have been killed.
TotalEnergies didn't immediately respond to a Reuters' request for comment.
"The priority is to restore peace and security in the Cabo Delgado and the lifting of the force majeure," TotalEnergies told FT.
It needed "public services" and "normal life" to resume for the project to restart, the company added.
(Reporting by Bipasha Dey in Bengaluru; Editing by Michael Perry)
((Bipasha.Dey@thomsonreuters.com;))
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。