Browsing: Coral FLNG

Oil & Gas Operations on offshore Area 1, Mozambique. Photo: Anadarko
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The Mozambique government’s ongoing default on its international obligations may not  jeopardise the financing of Anadarko’s $25 billion LNG project off the north of the country, a source working on the deal has said, despite such deals normally needing a strong sovereign guarantee to go ahead. [...]

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Oil & Gas Artist impression of an FLNG vessel. Photo: Technip
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Mozambique’s Council of Ministers has approved the financing structure for the Coral South floating LNG project in the Rovuma Basin, as well as the direct financing agreement with the lenders. “The value is four thousand and six hundred million US dollars. This approval will allow the start [...]

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