RATIONALE FOR MOZAMBIQUE ACTIVITIES
Mozambique LNG is the country’s first onshore LNG development lead by private global energy company, Total. The project includes the development of the Golfinho and Atum fields located within Offshore Area 1 and the construction of a two-train liquefication plant with a capacity of 12.9 million tonnes per year (MR/y). The Area 1 contains more than 60 Tcf of natural gas, of which 18 Tcf will be developed with the first two trains. The Final Investment Decision (FID) on Mozambique LNG was announced on June 18, 2019, and the project is expected to come into production by 2024. The project is predicted to create c. 15k direct jobs and c. 685k indirect jobs.
Rovuma LNG is operated by Mozambique Rovuma Venue S.p.A. (MRV), an incorporated joint venture owned by Eni, ExxonMobil and CNPC. ExxonMobil will lead the construction and operation of natural gas liquefication and related facilities for the deep-water Area 4 block. Area 4 contains more than 85 Tcf of natural gas, of which 21.7tcf will be developed. The construction phase of this project is expected to commence in 2020, and will create 5,000 direct jobs for local people, as well as generating a planned two million hours of training for Mozambican workers. The Initial Investment Decision on Rovuma LNG was announced on October 8, 2019, eith the Final Investment Decision (FID) expected to be announced in the first half of 2020. The project is expected to come into production in 2025.
(Source: ExxonMobil, Mozambique LNG, Total)