ExxonMobil advances Mozambique gas project despite terrorist threat
- Posted on August 17, 2026
- By Financial Times
- 4 Views
- 1 min read
In brief
ExxonMobil continues development of the Rovuma LNG project in Mozambique, despite ongoing security challenges from terrorist activities in the region. The liquefied natural gas facility represents a significant $30 billion investment aimed at establishing a major energy infrastructure hub. The project advancement signals confidence in long-term stability and international commitment to developing Africa's substantial gas reserves, despite current geopolitical complexities affecting the country.
Summary auto-generated by AI from the original publisher's content. Editorial standards.
ExxonMobil advances Mozambique gas project despite terrorist threat
Rovuma LNG plant expected to cost $30bn
