Total Set to Back Mozambique Gas Terminal to Boost Imports
- South Africa’s industrial consumers to lose supply in 2027
- Group has collected 1 million tons a year of LNG demand
A company logo on the exterior of the TotalEnergies SE headquarters in La Defense business district of Paris.
Photographer: Benjamin Girette/BloombergThis article is for subscribers only.
TotalEnergies SE aims to next year approve an import terminal for liquefied natural gas in Mozambique that may help users in neighboring South Africa avoid a potential supply crisis.
Gas shipments may flow from the Matola project by the end of 2027, according to Gigajoule, a partner helping develop the facility. That’s the same year that fuel piped from Sasol Ltd.’s fields in Mozambique is scheduled to terminate for companies in South Africa that include units of brewer Anheuser-Busch InBev SA/NV and steelmaker ArcelorMittal, stoking fears of a so-called gas cliff in the continent’s most industrialized nation.