Tanzania’s zombie LNG megaproject, Total’s portfolio pivot + MORE
💥Energy Flux💥| Friday, 7th April 2021
It’s all about liquefied natural gas today. French oil major Total last week evacuated staff from the construction site of its Mozambique LNG project amid an intensifying militarised regional conflict with Islamist militias. The company’s declaration of force majeure is having knock-on effects on other LNG projects, which are vying for market share in the anticipated shift away from coal in Asia and Europe. This is the focus of today’s issue of Energy Flux. Here’s the line-up:
💥Tanzania must make big concessions to revive zombie LNG project
💥Total leans on its global LNG portfolio to mitigate Mozambique delays
⚡Transmission lines – Energy transition stories you might’ve missed
🧠Energised minds – Critical thinking on crucial energy issues
💥Tanzania must make big concessions to revive zombie LNG project
Tanzania is trying to revive long-lost plans to build an enormous $30 billion onshore LNG export project, which has been stuck for many years by disagreement over the fiscal terms for expl…