TotalEnergies' Mozambique gas 'fortress' fuels local anger and insurgency fears
1. TotalEnergies resumes $20 billion LNG project in Mozambique after four-year wait. 2. The project promises economic growth for the local town of Palma.
FAQ
Why Bullish?
The resumption of a significant $20 billion project indicates strong future cash flows, similar to how past LNG projects positively affected TotalEnergies' stock.
How important is it?
The anticipated economic boost from the LNG project can attract investors, impacting TotalEnergies’ stock positively.
Why Long Term?
The implications of large projects typically unfold over several years, enhancing profitability and potentially impacting stock performance.