News
25 March 2021

Oil India confirms Mozambique Offshore Area 1 LNG project financing

In:
Oil & gas
Region:
Middle East & Africa

Oil India has announced that the Mozambique Rovuma Offshore Area-1 Project has satisfied all the conditions precedent for the first debt drawdown of the project financing. The senior debt financing of $14.9 billion comprises of export credit agency direct loans, ECA covered facilities, commercial...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
31 January 2026

Ilute Solar: DFIs support an African merchant pioneer

Zambia’s Ilute solar project reached financial close without a sovereign guarantee, using a layered capital structure to absorb merchant price risk. It provides a template for...

Perspective
06 February 2026

One Big Beautiful Renewables Slowdown

US renewables developers are rushing to beat the cut-off for renewables subsidies, keeping volumes high into 2026. But the financing landscape is changing and banks’ attention...