News
07 May 2021

Rovuma LNG financing halted due to terrorist activity

In:
Oil & gas
Region:
Middle East & Africa

The $17 billion Rovuma LNG project financing - sponsored by an Exxonmobil-led team - was expected to reached financial close by year-end, but progress has now been halted given the drastic escalation in terrorist activity in north-eastern Mozambique. Most of the banks were already mandated, with...

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