Technical FAQs 3

How does Exim Bank Finance Mozambique LNG?

The rest of the funding would come through equity. EXIM bank is one of eight Export Credit Agencies (ECAs) financing the Mozambique LNG, the priciest hydrocarbon project currently under development on the continent.

What does the Exim loan re-authorization mean for the Mozambique LNG project?

The EXIM loan re-authorization, announced in mid-March, signals a renewed commitment to the Mozambique LNG project. The loan, which had been delayed due to security concerns in northern Mozambique, is part of a broader financial support package that includes backing from various international lenders.

How much money is needed for LNG development in Mozambique?

Kate DeAngelis, with Friends of the Earth U.S., says: “Governments through their export credit agencies and development finance institutions are providing key finance for the LNG development in northern Mozambique. The U.S. Export-Import Bank under the first Trump Administration approved almost $5 billion for Mozambique LNG.

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