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Mozambique Oil & Gas: Eni asking banks for billions to finance its Rovuma gas project
* Banks to respond with loan terms in 3-4 weeks; * Gas reserves are one of biggest finds in a decade; * Multi-billion dollar contracts agreed in recent months; * Projects could transform war-torn Mozambique. Italian oil firm Eni has approached banks for billions of dollars to finance a huge offshore gas development in Mozambique, a significant step in getting a long-delayed project off the ground, the company and sources said.
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