{"id":309383,"date":"2020-01-08T11:35:38","date_gmt":"2020-01-08T06:05:38","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=309383"},"modified":"2020-01-08T11:35:38","modified_gmt":"2020-01-08T06:05:38","slug":"oil-psus-start-payments-for-mozambique-lng-project","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-psus-start-payments-for-mozambique-lng-project\/","title":{"rendered":"Oil PSUs start payments for Mozambique LNG project"},"content":{"rendered":"<p>New Delhi: Oil and Natural Gas Corp, Bharat Petroleum and Oil IndiaNSE -0.16 % have begun making their share of payment of about $2 billion towards the much-delayed Mozambique liquefied natural gas (LNG) project.<\/p>\n<p>Three state-run firms have a combined 30% participating interest in the Mozambique gas project, which made a final investment decision last year to spend about $15 billion on developing gas fields and liquefaction project. About 60% of the project cost is planned to be funded by debt while the balance 40% would be shared as equity contribution by all stakeholders proportionately. Of the $6 billion equity component, Indian firms will contribute about 30% or a little less than $2 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: Oil and Natural Gas Corp, Bharat Petroleum and Oil IndiaNSE -0.16 % have begun making their share of payment of about $2 billion towards the much-delayed Mozambique liquefied natural gas (LNG) project. Three state-run firms have a combined 30% participating interest in the Mozambique gas project, which made a final investment decision last year to spend about $15 billion on developing gas fields and liquefaction project. About 60% of the project cost is planned to be funded by debt while the balance 40% would be shared as equity contribution by all stakeholders proportionately. Of the $6 billion equity [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-309383","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/309383","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=309383"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/309383\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=309383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=309383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=309383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}