US Exim Bank confirms $4.7 billion loan to Mozambique LNG — 'biggest in its history'

Top executives at TechnipFMC, Baker Hughes, McDermott and CB&I lobbied hard for bank to support TotalEnergies' huge liquefaction scheme

TotalEnergies chief executive Patrick Pouyanne (second right) asks a question to US President Donald Trump (on screen) during Trump's address by video conference at the World Economic Forum in Switzerland in January 2025. — TotalEnergies chief executive Patrick Pouyanne (second right) asks a question to US President Donald Trump (on screen) during Trump's address by video conference at the World Economic Forum in Switzerland in January 2025.Photo: AFP/SCANPIX

Iain Esau

Africa CorrespondentLondon

Published 20 March 2025, 08:31Updated 20 March 2025, 13:25

Mozambique LNG Mozambique TotalEnergies US Exim Bank McDermott International