Mozambique expects ExxonMobil to take a final investment decision on the $30 billion Rovuma LNG project by mid-2026, unlocking Africa’s largest private investment cluster.
Africa · Southern
Key Facts
—The Project. ExxonMobil leads the Rovuma LNG development in Area 4 of the Rovuma Basin, a planned $30 billion onshore liquefaction complex.
—The Timeline. President Daniel Chapo expects a final investment decision by mid-2026, with first gas exports targeted around 2030.
—The Scale. At 18 million tonnes per annum, Rovuma LNG would be the largest single LNG project in Africa by nameplate capacity.
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