Mozambique to Review $4.5 Billion Claim from TotalEnergies

Mozambique's government will audit a $4.5 billion cost claim from French energy firm TotalEnergies. The claim is linked to a long suspension of a major natural gas project. The project, which converts natural gas to liquid for transport (LNG), has been on hold for nearly five years. TotalEnergies declared a "force majeure," a legal clause for unforeseen circumstances, following a deadly jihadist attack in the region. Government ministers stated they will now review the company's demands for cost overruns. This audit will determine the validity of the multi-billion dollar claim related to the project's lengthy pause.