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Tag: EXIM

Business / economics

US Provides $4.7 Billion Loan to Controversial Mozambique LNG Project

March 24, 2025March 24, 2025 - by Sofia Nawab - Leave a Comment

The US Export-Import Bank has approved a US$4.7 billion loan for TotalEnergies’ Mozambique LNG project, crucial for overcoming obstacles posed by local terrorism. Initially supported in 2019, the project faced …

US Provides $4.7 Billion Loan to Controversial Mozambique LNG Project Read More
Companies

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

March 19, 2025March 19, 2025 - by Liam Nguyen - Leave a Comment

TotalEnergies is nearing completion of $15 billion financing for the Cabo Delgado LNG project, following Exim Bank’s support. The project, halted due to security threats since 2021, faces operational delays, …

TotalEnergies Nears Completion of $15 Billion Financing for Mozambique LNG Project Read More
Companies

AEC Expresses Gratitude to Trump Administration for Mozambique LNG Project Support

March 14, 2025March 14, 2025 - by Allegra Nguyen - Leave a Comment

The African Energy Chamber acknowledges the Trump administration’s support for the Mozambique LNG project with a $4.7 billion loan from the U.S. Export-Import Bank. This funding revitalizes a transformative energy …

AEC Expresses Gratitude to Trump Administration for Mozambique LNG Project Support Read More
Companies

U.S. Approves Nearly $5 Billion Loan for TotalEnergies’ Mozambique LNG Project

March 13, 2025March 13, 2025 - by Marcus Chen - Leave a Comment

The U.S. government has approved nearly $5 billion in funding for TotalEnergies’ LNG project in Mozambique, with a loan of $4.7 billion reapproved by the Export-Import Bank. The company needs …

U.S. Approves Nearly $5 Billion Loan for TotalEnergies’ Mozambique LNG Project Read More
Climate change

Export-Import Bank Moves to Approve Controversial Mozambique LNG Project

March 12, 2025March 12, 2025 - by Allegra Nguyen - Leave a Comment

The Export-Import Bank is set to approve $4.7 billion for the Mozambique LNG project amid serious human rights violation allegations, including an investigation into legal actions against Total Energies related …

Export-Import Bank Moves to Approve Controversial Mozambique LNG Project Read More
Business / economics

TotalEnergies’ Mozambique LNG Seeks Crucial US Loan for Project Revival

March 12, 2025March 12, 2025 - by Marcus Chen - Leave a Comment

TotalEnergies SE is awaiting a critical decision from the US Export-Import Bank regarding a $4.7 billion loan for its $20 billion liquefied natural gas facility in Mozambique. The project has …

TotalEnergies’ Mozambique LNG Seeks Crucial US Loan for Project Revival Read More
Companies

TOTALEnergies Clarifies Contract Status at Mozambique LNG Site

March 10, 2025March 10, 2025 - by Carmen Mendez - Leave a Comment

TOTALEnergies has refuted claims of contract suspensions at its Mozambique LNG site, stating it is not renewing expired contracts instead. The company reiterated its force majeure status while preparing for …

TOTALEnergies Clarifies Contract Status at Mozambique LNG Site Read More
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