The US Export-Import Bank has sanctioned a $5 billion (€4.61 billion) loan to support the Mozambique LNG project spearheaded by TotalEnergies, marking a step towards resuming the $20 billion venture.
Business Insider Africa on MSN22h
US approves $4.7 billion loan for Mozambique LNG project after years of delaysThe board of the U.S. Export-Import Bank has approved a nearly $5 billion loan for a long-stalled LNG project in Mozambique. ...
The US export credit agency has unlocked key funding for TotalEnergies' Mozambique massive gas project - halted after ...
Reuters reports the bank - which held a closed-door meeting on Thursday to discuss the liquefaction project - rubber-stamped ...
The key project loan was approved under US President Donald Trump’s first term in the White Office. But in April 2021 ...
Offshore Technology on MSN1d
US approves $5bn TotalEnergies loan for Mozambique LNG projectThe project has been on hold since 2021 due to force majeure and awaits loan reapproval from UK and Dutch export credit ...
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