US invests in Mozambique’s LNG
Kimberly Reed of US Eximbank says “we have the capacity at any one time to support $135bn in transactions, and right now we are at about $50bn, so we have opportunity for growth and support”.
Reed goes on to point out that while the US Exim bank was closed, large LNG projects in Mozambique turned to Russian and Chinese financing; but when they re-opened, “they turned to us instead”.
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