VdA was distinguished by advising TOTAL on the winning transaction in the category of Global Multilateral Deal of the Year - the MOZ LNG PROJECT.
The project was considered the largest project finance in Africa, worth $20 billion, and is the first onshore LNG venture in Mozambique, providing for the development of natural gas fields and the construction of a natural gas liquefaction plant with a capacity of 13.1 tonnes/year, with funding from the US, Japan, UK, Italy, South Africa, the Netherlands, Thailand and the African Development Bank.
TOTAL (and the other project sponsors) were advised by Latham & Watkins, Miranda Alliance and VdA.
VdA's core team included partners Manuel Protásio and Teresa Empis Falcão, Managing Associates André Gaspar Martins and Susana Almeida Brandão, and Associate Beatriz Pereira da Silva. GDA's core team, an exclusive member of VdA Legal Partners in Mozambique, included partner Guilherme Daniel and Associates Karen Morais Aly and Mónica Levy.
To Teresa Empis Falcão “It is for VdA a privilege to be involved in a project this size and with such a transformational nature to Mozambique and to have been able to contribute for it achieving this important milestone.”
PFI- Project Finance International - is one of the world's leading Project Finance magazines, whose annual awards distinguish the most important transactions in the market.