Mozambique: Eni and ExxonMobil Submit LNG Plan
Eni and ExxonMobil have submitted development plans for their joint venture Rovuma LNG project in Mozambique.
The development plan submitted to the government includes the proposed design and construction of two liquefied natural gas trains, which will each produce 7.6 million tons of LNG per year. The first phase of the project will produce, liquefy and market natural gas from fields located in the Area 4 block offshore Mozambique.
In a statement released last week, Eni’s executive vice-president for Mozambique, Stefano Maione said: “The Rovuma LNG Project is moving forward swiftly. The size of the project makes it not only an important investment in country, but also supports economic growth and opens new opportunities for Mozambicans.”
ExxonMobil will head the construction and operation of the processing facilities while Eni leads construction and operation of upstream installations. Mozambique LNG is expected to reach final investment decision in 2019.