Reuters reports that Exxon’s Rovuma LNG project will produce, liquefy and sell gas from three reservoirs located in the Area 4 block offshore Mozambique’s northern coast. The project is jointly operated with Italy’s Eni.
According to Reuters, Exxon estimates that the fields will cost approximately US$30 billion to develop. They are scheduled to come online in 2024.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/07102019/mozambique-claims-exxon-will-finalise-lng-investment-this-week/
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