Total said that it has signed a new memorandum of understanding (MoU) with the Mozambican government to provide security for the $20-24 billion Mozambique LNG project in the country in the wake of terror threats. The French oil and gas giant, which is the operator of the LNG project through its subsidiary Total E&P Mozambique […]
The Mozambique Area 1 LNG project, which is being planned to be developed by Total and its partners with an investment of $20 billion-$24 billion, has secured a financing commitment of $400 million from the African Export-Import Bank (Afreximbank). The amount from the multilateral trade finance institution will be in the form of guarantees and […]
French oil and gas giant Total has secured financing for the $20 billion Mozambique LNG project with the signing of a $14.9 billion senior debt financing. The project, which represents the first onshore LNG development in Mozambique, calls for the development of the Golfinho and Atum natural gas fields in Offshore Area 1 concession and […]