Area 4 group submits gas project proposals to Mozambique’s government

The Mozambique Rovuma Venture has submitted its development plan to the government for the first phase of the Rovuma LNG project.

Offshore staff

MAPUTO, Mozambique – The Mozambique Rovuma Venture has submitted its development plan to the government for the first phase of the Rovuma LNG project.

This will produce, liquefy, and market natural gas from the deepwater Mamba fields in theArea 4 block offshore Mozambique.

The plan explains the proposed design and construction of two onshore LNG trains which will each produce 7.6 MMt/yr.

ExxonMobil will lead construction and operation of natural gas liquefaction and related facilities on behalf of the joint venture, while Eni will lead construction and operation of upstream facilities. Where possible, the partners plan to develop the local workforce and supplier capabilities inMozambique to assist the program.

A final investment decision on the project is due next year, with LNG production likely to start in 2024. Marketing activities are progressing, ExxonMobil said, with the partners targeting completion of negotiations on sales and purchase agreements in parallel with the development plan approval process.

Mozambique Rovuma Venture is owned by ExxonMobil, Eni and CNPC, which together have a 70% interest in the Area 4 concession, the remainder held by Galp, KOGAS, and Empresa Nacional de Hidrocarbonetos.

07/09/2018

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