TotalEnergies has confirmed that its massive liquefied natural gas (LNG) project in Mozambique is 45% complete, with the first production train on track to come online in 2029.
The update, delivered during the company’s second-quarter 2026 results presentation, marks a significant milestone in the rehabilitation of the roughly $20 billion development, which was halted four years ago by an insurgency in the Cabo Delgado province.
Chief Executive Patrick Pouyanné noted that the project has continued to increase its workforce, signaling a ramp-up in construction activity.
Chief Executive Patrick Pouyanné noted that the project has continued to increase its workforce, signaling a ramp-up in construction activity.
The progress report provides a concrete timeline for the return of substantial new supply to the global LNG market, a sector that has been navigating structural tightness and geopolitical volatility.
The 2029 target for the first train is critical for investors tracking the reintegration of Mozambique as a major export hub.
The development is part of a broader turnaround for the project, which had been suspended since 2021 due to security concerns.