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Mozambique ready for next LNG phase

Mozambique ready for next LNG phase

Business
July 9 (UPI) -- Liquefied natural gas will start processing from a field off the coast of Mozambique by 2024 now that the government has the development plans, partners said. Exxon Mobil and Italian energy company Eni lead the Rovuma liquefied natural gas joint venture in Mozambique. The partners said Monday the government now has the development plans for the first phase of the project that will draw natural gas from the Mamba fields off the country's coast. Each train, the part of the facility that would convert gas to the super-cooled liquid form, could process as much as 55 million barrels of oil equivalent per day. "The size of the project makes it not only an important investment in the country, but also supports economic growth and opens new opportunities for Mozambicans," Stefano...