LNG

French major TotalEnergies has pledged to restart the Mozambique LNG project construction in 2022 as it also expanded its Mozambican operations by completing the acquisition of BP’s retail fuel network, wholesale business and fuel import terminals at three of the southeast African nation's ports. 

Indian state company Oil and Natural Gas Corp. (ONGC), whose overseas arm holds a stake in the TotalEnergies-led Mozambique LNG export project, plans to raise by four-fold its domestic exploration and production acreage to find more natural gas and oil in India and cut the bill for imports.