ExxonMobil’s entry into Area 4 in Mozambique’s prolific Rovuma Basin has revived optimism in the country’s nascent gas sector.
An FID on the Eni-led Coral FLNG plant is expected by the end of March, and a meeting in Beira on Friday between Exxon Chief Executive Darren Woods and Mozambican President Filipe Nyusi indicates the United States-based supermajor is keen to kickstart the onshore LNG phase of Area 4’s development.
Progress is also being made on Anadarko’s 12 mtpa onshore facility, which will use gas from Area 1....
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