Billion-dollar LNG project in southern Mozambique expected in 2020

JOHANNESBURG (Reuters) - A final investment decision on a $3.15 billion (£2.46 billion) liquefied natural gas (LNG) project near Mozambique's capital will be taken around the middle of 2020, France's Total and its partners in the project said on Wednesday. The project will see a floating storage and regasification unit moored in the harbour of Matola, a suburb of the capital Maputo, and it will be connected to a new gas-fired power plant nearby and to South Africa's gas network. Total will..