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Tag: US EXPORT – IMPORT BANK

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
Business / Companies

U.S. Exim Bank Approves $4.7 Billion Loan for TotalEnergies Mozambique LNG Project

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

The U.S. Export-Import Bank has approved a $4.7 billion loan supporting TotalEnergies’ Mozambique LNG project. This financing is critical for the project’s revival after a four-year pause due to militant …

U.S. Exim Bank Approves $4.7 Billion Loan for TotalEnergies Mozambique LNG Project Read More
Companies

U.S. Grants $4.7 Billion Loan for Controversial Mozambique Gas Project

March 14, 2025March 14, 2025 - by Sofia Nawab - Leave a Comment

The U.S. has approved a $4.7 billion loan for a Mozambique gas plant operation by TotalEnergies, despite allegations of human rights abuses and environmental concerns. This funding supports a significant …

U.S. Grants $4.7 Billion Loan for Controversial Mozambique Gas Project Read More
Companies

US Approves $4.7 Billion Loan for Controversial Mozambique Gas Project

March 14, 2025March 14, 2025 - by Sofia Nawab - Leave a Comment

The United States will provide a $4.7 billion loan to TotalEnergies for a controversial LNG project in Mozambique, despite its designation as a “carbon bomb” and ongoing human rights abuse …

US Approves $4.7 Billion Loan for Controversial Mozambique Gas Project Read More
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