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Financing LNG in Mozambique


  • With eight planned liquefied natural gas (LNG) projects containing a total liquefaction capacity of 44 million tons, sub-Saharan Africa is set to become a regional leader in LNG production and export, accounting for 8% of potential global capacity by the mid-2020s.
  • In November, the African Development Bank (AfDB) approved a $400 million loan to support the construction of an integrated LNG plant, including the development of offshore gas fields in Area 1 and a two-unit liquefaction plant with capacity of 12.9 million tons per year.
  • In Tanzania, the construction of an onshore LNG project in Lindi, set to monetize the country's 57tcf of natural gas, has been delayed for years due to deferred approvals of a new commercial, legal and regulatory framework.



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