ExxonMobil intends to accelerate its under-development LNG projects in Mozambique and Papua New Guinea as it plans to double the size of its LNG portfolio to 40 MMT/Y by 2030. Under the latest released schedule, Rovuma LNG project in Mozambique planned to award front-end engineering and design (FEED) contract in 2024 and the project is on track to gain final investment approval in 2025.
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