MAPUTO, MOZAMBIQUE / CAPE TOWN, SOUTH AFRICA — Southern Africa's energy sector is experiencing contrasting developments as major hydrocarbon projects continue to advance while environmental regulation increasingly shapes future investment decisions.
In Mozambique, developments surrounding the country's major liquefied natural gas industry remain closely watched, particularly in Cabo Delgado.
According to the information provided, TotalEnergies has reported that construction of its approximately $20 billion LNG project has reached 45 percent completion following the lifting of force majeure.
Commercial production is reportedly being targeted for late 2028 to early 2029.
The project is considered strategically important to Mozambique because of its natural-gas resources and the potential economic benefits associated with LNG exports.
Meanwhile, offshore energy development in South Africa is facing renewed regulatory attention.
Environmental protections along the Wild Coast have become a major issue in discussions surrounding offshore exploration and development.
Following a Constitutional Court ruling upholding environmental protections, energy companies are reportedly reassessing investment priorities.
The developments illustrate the difficult balance facing African energy-producing countries as governments seek investment and energy security while protecting sensitive ecosystems.
