ExxonMobil intends to accelerate its under-development LNG projects in Mozambique and Papua New Guinea as it plans to double the size of its LNG portfolio to 40 MMT/Y by 2030.
ExxonMobil intends to accelerate its under-development LNG projects in Mozambique and Papua New Guinea as it plans to double the size of its LNG portfolio to 40 MMT/Y by 2030.
Under the latest released schedule, Rovuma LNG project in Mozambique planned to award front-end engineering and design (FEED) contract in 2024 and the project is on track to gain final investment approval in 2025.
According to the
Global LNG Database®, ExxonMobil has already issued a tender for an expression of interest for the Rovuma LNG project’s FEED service.
ExxonMobil has recently raised planned capacity at the Mozambique’s LNG project to up to 18 MMT/Y from previous scheme of 15.2 MMT/Y as under the original plans, the project was include two 7.6 MMT/Y trains, which have now been changed to multiple 1.5 MMT/Y modular trains.
Rovuma LNG project’s shareholders are Eni East Africa (Eni-ExxonMobil-CNPC JV) 70%, ENH 10%, Kogas 10% and Galp 10%.
Reuters cited Peter Clarke, ExxonMobil SVP for global LNG as saying that the supermajor is “well on track to achieve the objective” set in 2020 “and we are slightly ahead of that.”
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