AfDB approves $400m loan to support Mozambique LNG project

The African Development Bank (AfDB) has approved a long-term senior loan of $400 million to support the $20 billion Mozambique LNG Area 1 project led by Total, Mitsui, Oil India, ONGC Videsh Limited, Bharat Petroleum, PTT Exploration and Mozambican state-owned ENH. The AfDB joins a global syndicate...