D-Days loom for ExxonMobil on mega-Mozambique LNG schemes

ExxonMobil and its partners in the 15 trillion cubic foot Coral gas field offshore Mozambique could make a decision any day now on whether to deploy a second floating liquefied natural gas vessel on the asset, according to two informed sources.

However, it is understood a decision is not straightforward, may be delayed to mid-2023 and will be heavily influenced by a potential revival of the US giant’s onshore $24 billion Rovuma LNG scheme in Mozambique’s restive Cabo Delgado province, which has been the centre of an Islamist insurgency since 2017.