Export credit agencies will guarantee the USD 12 billion of financing needed for the first two liquefaction lines of Anadarko’s Mozambique LNG project, Macau Hub reported.
At a meeting with officials from export credit agencies, Minister Tonela called it “a milestone that represents the maturity of the enterprise.”
Last month, Anadarko awarded a consortium of TechnipFMC and VanOord an EPCI contract for the project. Twenty subsea wells are to be linked to Mozambique LNG, a two-train, 12.88-million-tonne-per-year onshore gas liquefaction plant to be built near Afungi, in Cabo Delgado province, via 16-inch pipes. The project is expected to cost USD 30.5 billion and to start up in late 2023-early 2024.
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