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Mozambique Rovuma Venture has submitted the development plan to the government for the first phase of the Rovuma LNG project, which will produce, liquefy, and market natural gas from the Mamba fields located in the Area 4 block offshore Mozambique. The plan proposes the design and construction of two liquefied natural gas (LNG) trains which will each produce 7.6 mtpa of LNG. ExxonMobil will lead construction and operation of natural gas liquefaction and related facilities on behalf of the joint venture, and Eni will lead construction and operation of upstream facilities. In a presentation prepared for a March analyst meeting, ExxonMobil said more than 13 mtpa is targeted to be on line by 2024, with a potential to scale up to more than 40 mtpa. "We are excited to be progressing the Rovuma LNG project, working with the government and leveraging the expertise and capabilities of all of the partners," said Liam Mallon, president of ExxonMobil Development Company. "The Rovuma LNG Project is moving forward swiftly," said Stefano Maione, Eni's executive vice-president for the Mozambique Program.
- Energy > Oil & Gas > Midstream (1.00)
- Government > Regional Government > Africa Government > Mozambique Government (0.87)
- Africa > Mozambique > Indian Ocean > Mozambique Channel > Rovuma Basin > Area 1 Block > Area 1 Block > Golfinho-Atum Field (0.99)
- Africa > Mozambique > Cabo Delgado Province > Indian Ocean > Mozambique Channel > Rovuma Basin > Area 4 Block > Coral South Field (0.99)
- Africa > Mozambique > Cabo Delgado Province > Indian Ocean > Mozambique Channel > Rovuma Basin > Area 4 Block > Mamba Field (0.98)
Mozambique Rovuma Venture has submitted the development plan to the government for the first phase of the Rovuma LNG project, which will produce, liquefy, and market natural gas from the Mamba fields located in the Area 4 block offshore Mozambique. The plan proposes the design and construction of two liquefied natural gas (LNG) trains which will each produce 7.6 mtpa of LNG. ExxonMobil will lead construction and operation of natural gas liquefaction and related facilities on behalf of the joint venture, and Eni will lead construction and operation of upstream facilities. In a presentation prepared for a March analyst meeting, ExxonMobil said more than 13 mtpa is targeted to be on line by 2024, with a potential to scale up to more than 40 mtpa. "We are excited to be progressing the Rovuma LNG project, working with the government and leveraging the expertise and capabilities of all of the partners," said Liam Mallon, president of ExxonMobil Development Company. "The Rovuma LNG Project is moving forward swiftly," said Stefano Maione, Eni's executive vice-president for the Mozambique Program.
- Energy > Oil & Gas > Midstream (1.00)
- Government > Regional Government > Africa Government > Mozambique Government (0.87)
- Africa > Mozambique > Indian Ocean > Mozambique Channel > Rovuma Basin > Area 1 Block > Area 1 Block > Golfinho-Atum Field (0.99)
- Africa > Mozambique > Cabo Delgado Province > Indian Ocean > Mozambique Channel > Rovuma Basin > Area 4 Block > Coral South Field (0.99)
- Africa > Mozambique > Cabo Delgado Province > Indian Ocean > Mozambique Channel > Rovuma Basin > Area 4 Block > Mamba Field (0.98)
The government of Mozambique has approved a development plan for the multibillion-dollar Rovuma LNG project, which will produce, liquefy, and market natural gas from three reservoirs located in the Mamba complex of Area 4 block offshore Mozambique, two of which straddle the boundary with neighboring Area 1. Area 4 is operated by Mozambique Rovuma Venture, a joint venture owned by ExxonMobil, Eni, and CNPC, which holds a 70% interest in the Area 4 exploration and production concession contract. ExxonMobil will lead the construction and operation of natural gas liquefaction and related facilities on behalf of the joint venture, and Eni will lead construction and operation of upstream facilities. A final investment decision by the joint venture parties is expected later this year, with LNG production expected to begin in 2024. ExxonMobil said in a statement that market activities are progressing. Sales and purchase agreements for 100% of the LNG capacity for trains 1 and 2 have been submitted to the government of Mozambique for approval, which together will produce more than 15 mtpa of LNG.
- Energy > Oil & Gas > Midstream (1.00)
- Government > Regional Government > Africa Government > Mozambique Government (0.55)