Exxon Wants Government Guarantees for Mozambique LNG Project ...Middle East

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Exxon Wants Government Guarantees for Mozambique LNG Project
source : OILPRICE ( Middle East ) () 76
Exxon has asked for security guarantees for its Rovuma LNG project from Mozambique’s government, the Financial Times reported, citing unnamed sources, who said the discussions were directly with the president of Mozambique, Daniel Chapo. Darren Woods, Exxon’s chief executive, reportedly focused on the danger of Islamist activity in the area where Rovuma LNG is to be constructed, after TotalEnergies had to institute a force majeure for its own LNG project in Mozambique due to extremist activity in the area. The order to suspend construction…

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