Mozambique LNG project backed by US$400mn African Development Bank loan

摘要

THE AFRICAN DEVELOPMENT Bank Group (AfDB) has approved a long-term senior loan of US$400mn to support the construction of an integrated LNG plant, including a liquefaction facility in Mozambique. In a statement, AfDB said that the Mozambique LNG Area 1 project, ranked Africa's single largest foreign direct investment to date, comprises a global team of energy developers and operators, led by Total alongside Mitsui, Oil India, ONGC Videsh Limited, Bharat Petroleum, PTT Exploration, as well as Mozambique's national oil and gas company ENH.