TotalEnergies Secures LNG Project Funding Despite UK, Dutch Withdrawal
Update: 2025-12-03
Description
TotalEnergies Mozambique LNG Project Secures New Financing Despite UK and Dutch WithdrawalTotalEnergies has secured new financing for its Mozambique LNG project, following the withdrawal of support from the UK and Dutch governments export credit agencies. The project partners have agreed to contribute more of their own funds to cover the ten percent of external financing that was withdrawn. The remaining lenders, representing ninety percent of the original group, have confirmed their continued commitment. TotalEnergies sees this as a strong endorsement of the projects role in Mozambiques economic growth, given the high global demand for LNG and the need for diverse long-term energy sources.
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