Growing risks for $50bn Mozambique LNG projects

February 3, 2021/in /by Rudolf Huber

The security situation in Mozambique is a convenient excuse. Those projects are pretty expensive and the current market does not give them a lot to nibble on. Mozambique was all the rage for many years but they have lost the rush – just like Tanzania did. I would not hold my breath on any of them.

The worsening security situation is raising the risk of further delays, but did not prevent the signing a $15bn debt financing agreement

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