ExxonMobil's (XOM) Optimism Forwards Rovuma LNG Project

ExxonMobil Corporation (XOM) is finally moving ahead with its Rovuma liquefied natural gas (LNG) project in Mozambique. The company seems optimistic about the project and expects to seek a final investment decision at the end of 2025. The Rovuma LNG project is being developed by ExxonMobil, along with Eni SpA (E) .While XOM will be responsible for the construction and operation of the onshore liquefaction and related facilities, Eni will focus on the Coral floating LNG and upstream operations. The Rovuma LN ...