Standard Bank has committed to fund part of Anadarko’s $20bn Mozambican liquefied natural gas (LNG) project ahead of the energy group’s final investment decision that will be announced in June. According to the bank’s head of Southern African oil and gas, Paul-Eardley Taylor, Anadarko has received significant levels of interest and commitments from the market, Standard Bank included. “I can confirm that Standard Bank is going to be advancing a very, very substantial sum to [Anadarko’s] Mozambique LNG,” Eardley-Taylor said.  The project is one of the largest yet in Africa and stems from an enormous natural gas find in the Rovuma Basin off the northern shore of Mozambique. On Wednesday last week, Anadarko said it would announce a final investment decision on the project in June. “With commitments for financing in place, off-take secured, and all other issues under negotiation successfully addressed, we are excited to take the next step with the expected announcement of a final inves...

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