Exxon will not take FID on Mozambique LNG project this week
Published by David Rowlands,
Editor
LNG Industry,
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/liquid-natural-gas/08102019/exxon-will-not-take-fid-on-mozambique-lng-project-this-week/
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