Rovuma LNG Expected to Transform Mozambique Economy With Multi-Billion-Dollar Annual Gains
Rovuma LNG Project May Boost Mozambique GDP by $11 Billion a Year, Says Standard Bank Study Standard Bank’s Mozambican subsidiary says the Rovuma LNG project, led by US energy major ExxonMobil in the Rovuma Basin in northern Cabo Delgado province, could significantly transform Mozambique’s economy, adding an estimated average of US$11 billion to GDP annually. The project, which is nearing a final investment decision (FID), is expected to generate up to US$150 billion in total
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