French energy group Total estimates at least one year of delays to Mozambique project

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PARIS, April 29 (Reuters) – French energy group Total (TOTF.PA) estimates at least one year of delays to its project in Mozambique – which has been hit by violent, civil unrest – said Total Chief Financial Officer Jean-Pierre Sbraire.

Earlier this week, Total declared force majeure on its $20 billion liquefied natural gas (LNG) project in Mozambique and confirmed it had withdrawn all staff from the construction site following insurgent attacks last month. read more

Reporting by Benjamin Mallet;
Editing by Sudip Kar-Gupta

Our Standards: The Thomson Reuters Trust Principles.

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