Browsing: UKEF

Oil & Gas

10. September, 20210

What is the carbon footprint of Mozambique LNG — and does it matter?

If global warming is to be kept to below 1.5ºC, then LNG supply from projects which have already been given the go-ahead could exceed demand by around 25%, according to a report released on Thursday by financial think tank Carbon Tracker. If TotalEnergies’ Mozambique LNG project moves ahead, it could be among the projects that are forced to close early

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Oil & Gas

8. June, 20210

Will UKEF’s $1bn financing for Mozambique LNG be withdrawn?

A billion dollars in financing for the Total-led Mozambique LNG project could be withdrawn if the UK government loses a legal challenge over its support for the project, campaigners say.