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Total Mozambique LNG Completes Nearly $16 Billion Financing

  • Facility expects to produce first cargoes of fuel in 2024
  • U.S. Exim among banks involved in first phase of funding
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Total SA’s Mozambique liquefied natural gas project has completed as much as $16 billion in funding involving a score of banks, despite a slowdown in energy investment as the coronavirus hammers the global economy.