Exxon Cancels Mozambique LNG Update ...Middle East

OILPRICE - Economy
Exxon Cancels Mozambique LNG Update
source : OILPRICE ( Middle East ) () 58
Exxon has canceled a public appearance by several executives scheduled for today, at which they were supposed to reaffirm the company’s commitment to the Rovuma LNG project, currently frozen, in the company of Mozambique’s president, Daniel Chapo. The $30-billion facility that will be the biggest LNG export hub in Africa once completed has yet to receive a final investment decision, mainly due to the unstable security situation in the Cabo Delgado region, where both Rovuma and TotalEnergies’ Mozambique LNG are located. Mozambique…

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