$5 billion loan dusting off the cobwebs from TotalEnergies’ stalled $20B LNG project

Following a years-long hiatus, a multibillion-dollar liquefied natural gas (LNG) project off the coast of Mozambique is shaking the rust off its development by getting back on track with a loan of nearly $5 billion secured from the newly appointed board of the Export-Import Bank of the United States (US EXIM), hand-picked by the Trump administration. The post $5 billion loan dusting off the cobwebs from TotalEnergies’ stalled $20B LNG project appeared first on Offshore Energy.

Mar 14, 2025 - 23:30
 0
$5 billion loan dusting off the cobwebs from TotalEnergies’ stalled $20B LNG project

Following a years-long hiatus, a multibillion-dollar liquefied natural gas (LNG) project off the coast of Mozambique is shaking the rust off its development by getting back on track with a loan of nearly $5 billion secured from the newly appointed board of the Export-Import Bank of the United States (US EXIM), hand-picked by the Trump administration.

The post $5 billion loan dusting off the cobwebs from TotalEnergies’ stalled $20B LNG project appeared first on Offshore Energy.

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