Mozambique plans to start exporting liquefied natural gas (LNG) by 2024 ahead of Tanzania, after Total SA secured a $14.9 billion debt facility for the construction of an LNG processing plant in Cabo Delgado Province, in the deep waters of Ruvuma Basin north of the country.
The debt financing agreement, which is the country's first onshore development, was signed on July 15, 2020.
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