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Total signs $14.9b debt financing for Mozambique project

French oil major Total has signed a $14.9 billion (Sh1.6 trillion) senior debt financing agreement for its massive liquefied natural gas project (LNG) in Mozambique, the biggest project financing ever in Africa.

The project includes the development of gas fields in the Offshore Area 1 concession, and construction of a two-train liquefaction plant with a capacity of 13.1 million tonnes.

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Related Topics

Total Mozambique