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The project has suffered several postponements as a result of extreme violence carried out by the Islamist terrorists in parts of Cabo Delgado.
The chairperson of the American oil company, ExxonMobil in Mozambique, Liam Mallon, has announced that the company would resume its projects in the northern province of Cabo Delgado by the end of 2026. In May, the company announced that the decisions on the resumption of projects would be made by the end of 2025.
According to Mallon, who was speaking to reporters in Maputo, after an audience granted to him by Mozambican President, Filipe Nyusi, said that Exxon is ready with the Frontend Engineering and Design for this project.
ExxonMobil is leading the construction and operation of all future natural gas liquefaction and related facilities for the Area 4 deepwater block off the Cabo Delgado coast, operated by Mozambique Rovuma Venture (MRV), a joint venture owned by ExxonMobil, the Italian energy company ENI, and CNPC of China. The project has suffered several postponements as a result of extreme violence carried out by the Islamist terrorists in parts of Cabo Delgado.
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The multi-billion-dollar project will generate a great deal of money over several decades for Mozambique. The project includes a large onshore LNG plant, which will produce 18 to 19 million tonnes of LNG a year, large underwater drilling wells to supply the plant, and two large floating LNG export platforms off the Cabo Delgado coast.
