TotalEnergies tells Mozambique LNG project costs have risen by $4.5 billion

Core Viewpoint - TotalEnergies has reported a $4.5 billion increase in costs for its liquefied natural gas (LNG) project in Mozambique, which has been on hold for four years, and is seeking adjustments to its production agreement [1] Group 1: Cost Implications - The total cost increase for the LNG project in Mozambique amounts to $4.5 billion over the four-year period it was inactive [1] Group 2: Production Agreement - TotalEnergies is requesting modifications to its production agreement in light of the increased costs associated with the LNG project [1]