Area 4 co-venture parties secure commitments for Rovuma LNG

December 28, 2018

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Area 4 co-venture participants have secured LNG offtake commitments from affiliated buyer entities of the partners, which enables the participants to move toward a FID in 2019 on the first phase of the Rovuma LNG project. Area 4 participants are ExxonMobil, Eni, CNPC, Kogas, Galp and Empresa Nacional de Hidrocarbonetos.

In July 2018, Mozambique Rovuma Venture submitted the development plan to the Government of Mozambique for the first phase of the Rovuma LNG project. The development plan specifies the proposed design and construction of two liquefied natural gas trains, which will each produce 7.6 million tons of LNG per year.

Edited from Eni press release.