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Event Brief

UK Withdraws $1 Billion from Mozambique LNG Project

The UK government has pulled over $1 billion in financing for TotalEnergies' LNG project in Mozambique, amid rising costs and insecurity.
WHO: UK government, TotalEnergies
WHAT: Withdrawal of financing
WHEN: Dec 1, 2025 at 7:00 PM ET
WHERE: Mozambique
WHY: To address delays caused by insecurity and rising costs
Sources (1): AllAfrica

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