Mozambique: UK Pulls $1 Billion Financing From TotalEnergies’ Mozambique LNG Project

[Daba Finance] The UK government has withdrawn more than $1 billion in planned financing for TotalEnergies’ liquefied natural gas project in Mozambique, adding pressure to a development already delayed by insecurity and rising costs. UK Export Finance had committed $1.15 billion to the facility, one of eight export credit agencies backing the project’s $14.9 billion financing package.