BRIEF-French energy group Total says Mozambique LNG agreed to temporarily pause debt drawdown

  • Reuters
  • Stock Market News
BRIEF-French energy group Total says Mozambique LNG agreed to temporarily pause debt drawdown
Credit: © Reuters.

April 26 (Reuters) - Total SE TOTF.PA /Mozambique:

* A spokeswoman for French energy group Total TOTF.PA said Mozambique LNG has agreed with lenders to temporarily pause the debt drawdown

* Total added that, concerning Mozambique, the arrangements for project finance were concluded in March and remain in effect.

* Earlier on Monday, Total declared force majeure on its $20 billion Liquefied Natural Gas (LNG) project in Mozambique and withdrew all personnel from the site after Islamic State-linked insurgent attacks last month. company coverage: TOTF.PA

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