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Mozambique’s LNG Revival Gets Boost from ExxonMobil as It Awards $1.1 Billion in Contracts

Posted on August 18, 2026 by Archak Mitra

Mozambique’s long-held dreams of natural gas have got a fresh boost following an estimated $1.1 billion contract award by ExxonMobil for the Rovuma LNG Phase 1 project in Mozambique’s Cabo Delgado region. The signing of the contracts represents a big leap towards FID for the project, whose objective is to build onshore LNG facilities with […]

Business | Tags: $1.1 billion contracts, ExxonMobil Mozambique, Mozambique LNG revival

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  • Congo Central Bank Holds Its Policy Rate Steady at 12.5%: What It Means for Your Wallet October 9, 2026
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