News
07 April 2021

US Ex-Im warned on Mozambique risks before $4.7bn loan

In:
Oil & gas
Region:
Middle East & Africa

The Export-Import Bank of the United States decided to lend $4.7 billion to a gas project in Mozambique despite its own analysis warning about security risks that have since forced Total to suspend work at the site.The ECA approved the financing last year, outlining that it would support about...

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