US approves $5 billion loan to TotalEnergies for Mozambique gas project
3 Articles
3 Articles
US approves $5 billion loan to TotalEnergies for Mozambique gas project
The board of the U.S. Export-Import Bank approved a nearly $5 billion loan for a long-delayed LNG project in Mozambique, clearing a key hurdle to restarting the project under development by French oil major TotalEnergies. The Export-Import Bank had previously agreed a $4.7 billion loan for the $20 billion project under President Donald Trump’s first administration, but it needed to be re-approved after construction on the project was frozen in 2…
The African Energy Chamber (AEC) Thanks Trump Administration for Supporting Mozambique Liquefied Natural Gas (LNG) Project
The African Energy Chamber commends the Trump administration for its continued support of the Mozambique LNG project, following the re-authorization of a crucial $4.7 billion loan by the U.S. Export-Import Bank MAPUTO, Mozambique, March 14, 2025/APO Group/ –The African Energy Chamber (AEC) (https://EnergyChamber.org), as the voice of Africa’s energy sector, expresses its sincere appreciation to the Trump administration for its unwavering suppor…
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