Standard Bank

Africa Oil & Gas: Standard Bank urges Brazilian firms to tap Africa market

Posted on November 7, 2018 by Mozambique Resources Post

South Africa’s Standard Bank Group Ltd encouraged Brazilian engineering and construction firms on Tuesday to explore African opportunities, such as the world’s largest liquid natural gas projects in Mozambique.

Africa Renwables: Standard Bank’s Contribution to South African Renewables

Posted on July 17, 2018August 2, 2018 by Mozambique Resources Post

Standard Bank is the mandated lead arranger, underwriter and hedge provider of seven of the total 27 projects which have signed power purchase agreements with Eskom as part of South Africa’s Renewable Energy Independent Power Producer Procurement Program, (REIPPPP), after a long delay. Standard Bank was the first bank to close a project under this round, with a total of four projects already closed. The remaining projects have until end July to reach financial close.

Africa Oil & Gas: Financing and Structuring LNG Projects in Africa

Posted on May 16, 2018 by Mozambique Resources Post

Standard Bank is one of Africa’s leading banks, with an on the ground presence in 20 African countries. The bank has an established Oil & Gas practice which serves relationships and executes transactions across the upstream, midstream and downstream sectors.

Mozambique Oil & Gas: “Economy will only accelerate in the next wave of megaprojects” – Standard Bank reports

Posted on April 3, 2018April 3, 2018 by Mozambique Resources Post

Standard Bank’s economic analysis unit of believes that a significant increase in the growth rate of the Mozambican economy will only happen in the next wave of large investments in the natural gas sector.

Mozambique Oil & Gas: Standard Bank/ICBC finance benchmark FLNG project

Posted on January 18, 2018 by Mozambique Resources Post

A new $8bn investment in Mozambique’s Coral Floating Liquefied Natural Gas (FLNG) development marks Mozambique’s first step as a regional and global offshore natural gas producer and supplier. The landmark energy deal is the first of its kind in the country and could transform Mozambique’s growth prospects.

Mozambique Coal Logistics: Vale Nacala Corridor Project Finance signed, US$ 2,730 billion granted

Posted on November 28, 2017November 28, 2017 by Mozambique Resources Post

The Giant Brazilian Mining exploring coal at the Moatize Mine in the central province, of Tete, Vale S.A., announced that all partners in its Mozambique coal logistic joint-venture – the Nacala Logistic Corridor (NLC) – had yesterday signed the binding financing contracts in the form of a project finance, through which NLC will raise US$ 2.730 billion, broken down as follows:

Mozambique Oil & Gas: Rovuma Gas LNG Project to Raise Real GDP by 800%

Posted on May 12, 2015May 12, 2015 by Mozambique Resources Post

Mozambique liquefied natural gas (LNG) stands to transform the country and entrench it as a leading player in the global LNG industry. Developing these reserves and scaling up the currently planned LNG facility to its potentially multi-train capacity, will establish Mozambique as one of the largest exporters of LNG, a commodity of increasing global prominence, according to Standard Bank.

Mozambique Oil & Gas: China to receive Rovuma basin natural gas supply

Posted on November 4, 2014 by Mozambique Resources Post

China, which currently has Angola as one of its main oil suppliers, plans to position itself to have Mozambique as a major source of natural gas supply in the future. To secure funding for the large investment required for the extraction and export of natural gas, US oil company Anadarko Petroleum is already in the market negotiating long-term contracts and one of the first five it closed, according to financial news agency Reuters, was with the…