Browsing: Coral FLNG

Daily Briefing
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Zitamar Daily Briefing, 4 December

Welcome to Zitamar’s daily Mozambique briefing for 4 December 2019


Oil & Gas
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Mozambique default won’t wreck LNG project finance – source

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
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Mozambique’s Coral FLNG project clears last major hurdle before FID

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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