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Project Insights

Exxon could leapfrog Anadarko on Mozambique FID

Mozambique’s government expects Exxon to be the first company to take FID on an onshore LNG project in the country Mozambique’s government expects Exxon to be the first company to take FID on an onshore LNG project in the country.
By Leigh Elston 21 March 2018 Middle East & Africa / LNG 0 30090
An Anadarko drillship off Mozambique. (Anadarko)

ExxonMobil could make an FID on its LNG project in northern Mozambique as soon as this year, according to a presentation given by the country’s finance minister, Adriano Maleiane, in London on Tuesday.

Maleiane said the Exxon-led Area 4 onshore project could make FID in 2018-2019, while the Anadarko-led Area 1 onshore LNG project – which until now was assumed to be the more advanced of the two – is not expected to make FID until the first quarter of...