ExxonMobil has removed the force majeure that halted progress on the Rovuma LNG development in northern Mozambique, allowing project activity to resume after a 2021 militant attack near the site. With the restriction lifted, the company is moving toward a final investment decision expected next year.
A separate $20 billion LNG development led by TotalEnergies SE also resumed operations last month after its suspension was lifted. Both large-scale facilities remain scheduled for the early 2030s and are expected to support Mozambique’s long-term LNG export capacity and economic growth.
See also: ExxonMobil to Move Ahead With Mozambique LNG After Force Majeure Ends
President Daniel Chapo has encouraged companies to restart work as Rwandan forces continue stabilisation efforts in Cabo Delgado. He stated in July that the region was “relatively stable,” although risks have not fully disappeared.
During the pause, Exxon refined the project’s development plan, targeting an annual output of up to 18 million tonnes, above the original 15.2 million tonnes. Project partners include CNPC, ADNOC, Korea Gas Corp., and Eni SpA.
Chief Executive Darren Woods said the company had optimised the design and could advance quickly now that the force majeure has ended. The project aligns with Exxon’s strategy to double its LNG portfolio by 2030 amid expectations of long-term demand growth.
