The Financial Collapse of 2001 Unwinding Message Board

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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: Snowshoe who wrote (6716)	10/27/2020 5:46:13 AM
From: elmatador	Read Replies (1) of 13803

French Total is investing massive $20 billion liquefied natural gas (LNG) project in Mozambique Mozambique LNG project on track for 2024 output despite coronavirus -Total exec SINGAPORE, Oct 27 (Reuters) - A massive $20 billion liquefied natural gas (LNG) project in Mozambique is on track to produce its first cargo in 2024 despite coronavirus pandemic disruptions globally, an executive from the operator of the project said on Tuesday.Construction at the Mozambique LNG project is under way, with the first cargo expected to be delivered on schedule in 2024, said Rajnish Goswami, general manager of LNG Marketing at French oil and gas major Total TOTF.PA. "As of now, the focus is on engineering and procurement and much of this stuff can be done through remote work so ... we have been able to navigate the challenge of COVID pretty well and we are still maintaining the timeline of the project," Goswami said, speaking at the Annual LNG and Hydrogen Gas Markets Asia virtual conference during the Singapore International Energy Week. nasdaq.com

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