To ask the Secretary of State for International Trade, what assessment has UK Export Finance made of the (a) financial, (b) environmental, (c) social and (d) governance risks in relation to investment in the Mozambique LNG Project in 2020.
18 June 2020
The Mozambique LNG Project is still under consideration, and we cannot comment on potential transactions for reasons of commercial confidentiality.
UK Export Finance (UKEF) carries out due diligence on all relevant aspects of a project before coming to a decision on whether to provide support.
The Government has already published a Category A notice which includes a link to an Environmental, Social and Health Impact Assessment of the Mozambique LNG project and related information. The Category A notice is available here:
UKEF has a specialist Environmental, Social and Human Rights (ESHR) team that reviews relevant projects prior to UKEF taking a decision on support.