US Greenlights $4.7 Billion Loan for Mozambique LNG After Delays
The Future of Mozambique's LNG Project: A Story of Challenges and Resilience
Exciting developments are fueling the optimism of Mozambique's long-anticipated LNG project. Recently, the board of the U.S. Export-Import Bank extended its approval for a nearly $5 billion loan, invigorating the once-stalled initiative spearheaded by the French oil behemoth, TotalEnergies. For some, this development is akin to breathing life into a slumbering giant, rousing the project from its dormancy. But why was this project, with so much…