ExxonMobil Eni Mozambique Area 4 Mamba Rovuma LNG Trains 1&2

Introduction

Orginaly driven by Eni and Anadarko, the intend was to call for tender on the base of a competitive FEED in order to save time on the engineering, procurement and construction (EPC) phase of the project with already the target to ship first LNG to Asia in 2018. Now the project is driven primarely by ExxonMobil.

ExxonMobil Eni Mozambique Area 4 Mamba Rovuma LNG Trains 1&2 History

In the same way as they are studying a floating liquefied natural gas (FLNG) solution to speed up the development of the offshore part in Mamba , they are now considering to build their own LNG plant in Quionga, close to Tanzania boarder.

In respect with the reserves in places in the Rovuma basin, Mozambique holds enough gas to feed the Afungi LNG Park, Mamba FLNG and an additional Quionga LNG plant, that would secure first LNG shipment for Eni and PetroChina from Mozambique LNG by 2018.

Anyway these offers arrive in a complex context whereas Eni is in discussion with ExxonMobil to farm-out part or all its shares from the Area 4 and the Mamba LNG project.

August 2016

Eni and ExxonMobil signed an agreement by which Eni will sell 25% stake into the onshore LNG project and transfer the operator role to the US major ExxonMobil.

Eni will keep the operator role for the development of its offshore fields. This agreement follows the acquisition by ExxonMobil of three offshore concessions in the south of the Area 4 operated by Eni.

With this agreement ExxonMobil will have the hand on the largest onshore facilities in Mozambique to export LNG to be supplied by the largest resources discovered in East coast of Africa. In this new context, it is likely that this onshore LNG project will be redesigned in order to meet ExxonMobil requirements and accept further expansions.

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