ExxonMobil expects to begin liquefied natural gas (LNG) production from its Mozambique project by 2030, an executive announced on Thursday.
Partnering with Italy’s Eni and China’s CNPC, ExxonMobil is leading the development, construction, and operation of onshore liquefaction and related facilities in northern Mozambique.
“We anticipate starting early works at the Afungi site next year to keep the project on track for first LNG output in 2030,” said Frank Kretschmer, General Manager of ExxonMobil’s Mozambique unit, during an energy conference in Cape Town.
ExxonMobil also disclosed that it aims to make a final investment decision for the Rovuma LNG project by early 2026. The project, estimated to cost around $30 billion, is expected to transform Mozambique into a major LNG exporter, contributing to global energy supply.
