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Tuesday, January 23, 2018

Mozambique closes $8bn offshore LNG deal - News - fDiIntelligence.com

Mozambique closes $8bn offshore LNG deal - News - fDiIntelligence.com: "Mozambique may be one of the world’s more financially troubled economies, but that has not stopped it from closing one of the region’s most ambitious energy deals.

Despite defaulting in 2017 and lying to the IMF about some $2bn in undisclosed state-backed loans, a consortium of international investors and energy companies will invest $8bn in Mozambique to develop the Coral Floating Liquefied Natural Gas project."



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