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Mozambique LNG Project

Sector: Natural Gas • Location: Mozambique

Source: Eurasia Review

Project
Under Construction

Mozambique LNG project is a liquefied natural gas project in Mozambique. In 2020, the project concluded a financing agreement for USD 15.4 billion with about 30 lenders including Export Credit Agencies and commercial banks. Due to a prolonged Force Majeure period, the financing agreement was amended to align with the updated project schedule. After lifting the force majeure, the project partners d

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The project “Mozambique LNG Project” is an infrastructure initiative in the Natural Gas sector, located in Mozambique. Taiyo aggregates data on it from Eurasia Review.

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Participants

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Status

Original status

under construction

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Description

Description

Mozambique LNG project is a liquefied natural gas project in Mozambique. In 2020, the project concluded a financing agreement for USD 15.4 billion with about 30 lenders including Export Credit Agencies and commercial banks. Due to a prolonged Force Majeure period, the financing agreement was amended to align with the updated project schedule. After lifting the force majeure, the project partners decided to proceed without the participation of UK Export Finance (UKEF) and Atradius, replacing their contributions with additional equity representing about 10% of the external financing. The project has the commitment of lenders representing around 90% of the external financing.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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