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ExxonMobil supports USAID programs in Mozambique

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LNG Industry,


ExxonMobil has announced that it will provide US$3 billion to the United States Agency for International Development (USAID) to design and implement programs that improve social and economic development in Mozambique.

Currently, ExxonMobil holds a 25% indirect interest in the Mozambique Area 4 concession, and will be responsible for leading the construction and operation of the future onshore gas liquefaction facilities in Cabo Delgado’s Agfungi peninsula. In addition to this, the company holds joint rights to operate the Angoche basin (A5-B) and the Zambezi Delta (Z5-C and Z5-D) concessions.

According to the statement, this latest collaboration with USAID was announced by Administrator Mark Green at the 2019 Corporate Council on US-Africa Business Summit.

Liam Mallon, President of ExxonMobil Upstream Oil & Gas Co., said: “This effort will leverage the combined expertise and capabilities of USAID and ExxonMobil to implement sustainable programs that lead to improved quality of life.”

USAID will use its experience to promote stability, governance and development initiatives tailored to helping community requirements. The agency is committed to deepening collaboration with the private sector in areas including economic growth, energy, agriculture and global health, as well as humanitarian assistance, women’s empowerment and education.

As of last year, ExxonMobil claims that it has invested over US$3 million in community programs that promote improved education, health care, family empowerment, agriculture and biodiversity conservation across Mozambique. These contributions include over US$400 000 in emergency assistance efforts in response to cyclones Idai and Kenneth.

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/24062019/exxonmobil-supports-usaid-programs-in-mozambique/

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