Mozambique Rovuma Venture said today that the government of Mozambique had approved its development plan for the Rovuma LNG project, which will produce, liquefy and market natural gas from three reservoirs located in the Area 4 block offshore Mozambique, two of which straddle the boundary with neighboring Area 1.
Rovuma LNG development plan approved by Mozambique government
Two liquefied natural gas trains planned with combined annual capacity over 15 million tons
Final investment decision expected later this year
Local workforce development a key priority
“The development plan approval marks another significant step toward a final investment decision later this year,” said Liam Mallon, president of ExxonMobil Upstream Oil & Gas Company. “We will continue to work with the government to maximize the long-term benefits this project will bring to the people of Mozambique.”
The Rovuma LNG project will work to build the local workforce through focused recruitment and skills development.