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Mozambique’s Rovuma LNG Moves Closer to FID as McDermott Receives Letter of Intent

Summary by Bne IntelliNews
Africa’s largest private investment inches closer to making a financing decision. What: Operator ExxonMobil Mocambique has provided ...

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The Rovuma LNG previews the production, liquefaction and export of natural gas from the reserves of Area 4 'offshore' of the basin of the Rovuma, along Cabo Delgado, with the responsibility of ExxonMobil the operation of future installations on land

·Lisboa, Portugal
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ExxonMobil today expressed its intention to make further progress this year towards the final investment decision (FID) of the liquefied natural gas (LNG) Rovuma LNG project in Mozambique, according to information released by the Presidency of the Republic of Mozambique.

·Portugal
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World Oil broke the news in Houston, United States on Saturday, August 8, 2026.
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