Mozambique’s President highlighted: “The restart of the project represents a significant milestone for the national economy and strengthens the confidence of international partners in energy as well as Mozambique’s human and institutional potential. This restart will have a direct and significant impact on job creation, during the construction and operation phases, will stimulate the labour market in Mozambique and the upskilling of Mozambican workers.
“This restart also consolidates Mozambique’s position as a regional energy hub and reaffirms the country’s credibility and importance in the liquefied natural gas market, strengthening its geostrategic position and role in the global energy supply.”
The $20 billion Mozambique LNG project is anticipated to generate significant economic benefits for the country from the construction phase, including through an ambitious local content plan.
This is illustrated by up to 7,000 direct jobs that will be created for Mozambicans during this phase, and contracts awarded to local companies, which are expected to be worth more than $4 billion.
Mozambique LNG is a joint venture formed by TotalEnergies EP Mozambique Area 1 (26.5%, operator), Mitsui E&P Mozambique Area 1 (20%), ENH Rovuma Área Um (15%), ONGC Videsh Rovuma (10%), Beas Rovuma Energy Mozambique (10%), BPRL Ventures Mozambique (10%) and PTTEP Mozambique Area 1 (8.5%).