LNG project company says it is working with government to ascertain why the subsidies it’s paying aren't reaching soldiers
Soldiers guarding the LNG project site in insurgency-hit Cabo Delgado have complained they are not receiving 'hardship payments' paid by the oil companies [...]
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French oil major Total has closed the $3.9 billion acquisition of Anadarko’s 26.5% interest in the Mozambique LNG project in Cabo Delgado and is now officially the operator of the 13 million tonne per annum project.
The transaction will bring in around $880 [...]
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The Anadarko-led Area 1 consortium has assembled a large group of state-owned export credit agencies (ECAs) to support the financing of the $20 billion Mozambique LNG project which reached its final investment decision (FID) on 18 June, sources have told [...]
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Anadarko and its partners formally took the Final Investment Decision on their 13 million tonnes per annum LNG project at a ceremony in Maputo last night, attended by President Nyusi and heads of state from across the region.
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