Mozambique is disputing about $2 billion in cost claims made by TotalEnergies SE and its partners related to a liquefied natural gas (LNG) project under construction in the country’s southeast, according to a person with knowledge of the matter. The dispute centers on expenditures that TotalEnergies and its co-venturers say they incurred during a prolonged stoppage of the project.
The LNG development has been delayed for years, and the companies are seeking reimbursement for costs accumulated while the work was suspended. Mozambique, however, contests the amount, according to the information provided. The report does not specify the reasons for Mozambique’s disagreement or whether the parties are already in formal negotiations or arbitration.
Overall, the accounts describe a disagreement over cost recovery tied to project delays, with Mozambique challenging the scale of the claimed expenses while TotalEnergies and partners maintain that the costs were incurred during the stoppage period. Details on the timeline, project status, and any next steps are not provided in the available text.
