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Total leans on its global LNG portfolio to mitigate Mozambique delays
www.energyflux.news

Total leans on its global LNG portfolio to mitigate Mozambique delays

Papua LNG project could offset some lost volumes and rebalance Total's exposure to Asian coal-to-gas switching opportunities

Seb Kennedy
May 6, 2021
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Total leans on its global LNG portfolio to mitigate Mozambique delays
www.energyflux.news

French oil major Total this week demonstrated the strategic benefits of having a diverse global LNG portfolio. Days after delaying the Mozambique LNG megaproject, Total pivoted to Papua New Guinea to fast-track a rival scheme that could partially plug the supply-side gap from the Mozambique delay. With coal-to-gas switching in the power sector driving A…

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