AFUNGI

U.S. Export-Import Bank Approves Controversial Loan for Mozambique LNG Project

March 20, 2025March 20, 2025 - by Victor Santos - Leave a Comment

The U.S. Export-Import Bank has approved a $4.7 billion loan for TotalEnergies’ LNG project in Mozambique, despite ongoing violence in the region. This approval marks a significant action aligning with …

TotalEnergies Approaches Completion of $15 Billion Financing for Mozambique LNG Project

March 19, 2025March 19, 2025 - by Aisha Khoury - Leave a Comment

TotalEnergies is close to completing $15 billion in financing for its LNG project in Cabo Delgado, Mozambique, following a critical endorsement from the US Exim Bank. The project remains suspended …

Clarification from TOTALEnergies on Mozambique LNG Contract Status

March 10, 2025March 10, 2025 - by Ravi Patel - Leave a Comment

TOTALEnergies denies reports of contract suspensions at its Mozambique LNG site, clarifying that it is not renewing completed contracts due to ongoing force majeure conditions. The company emphasizes its commitment …