Johannesburg/Milan — ExxonMobil and Total are in negotiations over their huge liquefied natural gas (LNG) projects in Mozambique, with each seeking to extract more gas from a shared field that straddles the two developments and cut costs, three sources familiar with the matter say.

The talks between the energy majors also involve the Mozambican government, according to the sources, as it has to give final approval to any new agreement...

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