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MZ-Southern Africa Regional Gas Project

Abstract*

The objective of the Southern Africa Regional Gas Project between Mozambique and South Africa is to initiate the development and export of Mozambique's substantial natural gas resources in an environmentally sustainable manner, thereby contributing towards economic growth and poverty reduction. The Project consists of two distinct but integrated components. The Upstream Component concerns gas fields development in Mozambique's Inhambane Province...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

Initiate the development and export of Mozambique's substantial natural gas reso urces in an environmentally sustainable manner, thereby contributing towards eco nomic growth and poverty reduction.The use of World Bank Group instruments ( IBR D partial risk, MIGA guarantees, and IFC equity investments) will facilitate the mobilization of critical private capital as well as commercial debt financing r equired for implementation of the Project.

Key Details

Project Details

  • P082308

  • Closed

  • Mustafa Hussain

  • N/A

  • Mozambique

  • November 20, 2003

  • (as of board presentation)

    November 20, 2003

  • N/A

  • US$ 292.00 million

  • N/A

  • Not Applicable

  • July 15, 2013

  • BANK APPROVED

  • December 19, 2024

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Export Credit (unidentified) 127.00
IBRD Guarantee 30.00
International Finance Corporation (IFC) 10.00
Borrower/Recipient 56.00
Foreign Multilateral Institutions (unidentified) 72.00
Foreign Private Commercial Sources (unidentified) 206.00
SOUTH AFRICA: Development Bank of Southern Africa (DBSA) 220.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment N/A
IBRD + IDA Commitment N/A
Lending Instrument
Grant Amount 292.00
Total Project Cost** 721.00

Summary Status of World Bank Financing (US$ Millions) as of June 30, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of June 30, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Dec 15, 2014 IBRD-B1200 Fee Charges 6,007.07
Nov 20, 2003 IBRD-B1200 Loan Commitment 20,000,000.00
Dec 15, 2014 IBRD-B1200 Loan Cancel 602,357.75
Dec 15, 2014 IBRD-B1190 Loan Cancel 301,178.88
Dec 15, 2013 IBRD-B1200 Loan Cancel 675,219.44
Dec 15, 2013 IBRD-B1190 Loan Cancel 337,609.72
Dec 15, 2013 IBRD-B1190 Fee Charges 10,100.54
Dec 15, 2013 IBRD-B1190 Int Charges 10,100.54
Dec 15, 2013 IBRD-B1200 Fee Charges 20,201.08
Dec 15, 2013 IBRD-B1200 Int Charges 20,201.08
Dec 13, 2013 IBRD-B1190 Fee Charges 0.00
Dec 13, 2013 IBRD-B1190 Int Charges 0.00
Jun 15, 2014 IBRD-B1200 Loan Cancel 649,591.70
Jun 15, 2014 IBRD-B1190 Loan Cancel 324,795.84
Jun 15, 2014 IBRD-B1190 Fee Charges 6,513.71
Jun 15, 2014 IBRD-B1190 Int Charges 6,513.71
Jun 11, 2014 IBRD-B1200 Fee Charges 0.00
Jun 11, 2014 IBRD-B1200 Int Charges 0.00
Jun 15, 2014 IBRD-B1200 Fee Charges 13,027.43
Jun 15, 2014 IBRD-B1200 Int Charges 13,027.43
Dec 15, 2014 IBRD-B1190 Loan Cancel 301,178.88
Jun 15, 2015 IBRD-B1200 Loan Cancel 563,362.20
Nov 20, 2003 IBRD-B1190 Loan Commitment 10,000,000.00
Dec 15, 2014 IBRD-B1200 Int Charges 6,007.07

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Overall Safeguards Rating Satisfactory 2011-01-13
Overall Implementation Progress (IP) Satisfactory 2011-01-13
Progress towards achievement of PDO Satisfactory 2011-01-13

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 02-05-2019PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingSatisfactory N/a
Risk To Development OutcomeNegligibleN/a
Bank PerformanceSatisfactoryN/a
Borrower PerformanceSatisfactoryN/a
Government PerformanceNot RatedN/a
Implementing AgencySatisfactoryN/a
Icr QualityNot RatedN/a
M&e QualitySubstantialN/a

Results Framework

No data available.