Exxon will not take FID on Mozambique LNG project this week
Published by David Rowlands,
On Sunday, the government of Mozambique said that the company would finalise the project at a signing ceremony in Maputo. However, the source has said that the company and its partners (Eni, Korea Gas Corp. and China National Petroleum Corp.) will simply announce a consortia of contractors for the project, allowing some of the construction work to commence.
According to Reuters, the unnamed source said: “The FID will be later, but it’s a step forward before the elections.
“I expect they will give a target (on FID timing) on Tuesday.”
In May, Exxon reportedly said that it would take FID later this year.
Read the article online at: https://www.lngindustry.com/liquefaction/08102019/exxon-will-not-take-fid-on-mozambique-lng-project-this-week/
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