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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThe BAD officially announced on Thursday, January 22
have approved $150 million in funding for the project
Coral Norte gas company, under development off the coast of Mozambique, in the basin
Rovuma sedimentary.
The development of the Coral Norte gas project has
experienced an evolution recently. At the beginning of October last year, Agence Ecofin
reported the making of the final investment decision (FID) by the operator
Italian Eni and its partners, thus validating a project estimated at 7.2 billion
Of dollars.
The formalization of this decision paved the way to the effective launch of large-scale work. On January 16, the shell of the floating unit was launched at the Samsung Heavy Industries shipyard , in Geoje, en South Korea, according to information provided by stakeholders.
For its part, the ADB indicates that the
Decision on the financing of the project was taken on 14 January by its Council
of administration, at a meeting devoted to the review of several projects
of investment on the continent. This funding presented by the institution
as part of its support for energy security on
the continent, aims at “ support the d é project development
mso-bidi-font-family: "Bookman Old Style">” combining several
financial partners, including d ' others “ institutions of
funding of é development,
CR agencies é says to l ' export and pr ê commercial writers
mso-bidi-font-family: "Bookman Old Style">” .
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