The development plan for the Rovuma LNG project, which develops gas from three reservoirs in the Area 4 block offshore Mozambique, has been approved by government officials.
The news was announced May 14 by Exxon Mobil Corp., which jointly leads the project with Italy’s Eni. Partners in the Mozambique Rovuma Venture also include CNPC, Empresa Nacional de Hidrocarbonetos EP, Galp and KOGAS.
A final investment decision is expected later this year.
Exxon Mobil has said the deepwater block contains more than 85 trillion cubic feet of natural gas. The plan includes two LNG trains with a combined annual capacity of more than 15 million tons. Sales and purchase agreements for 100% of the LNG capacity for trains 1 and 2 have been submitted to the Mozambican government for approval, the company said.
“During the production phase, the Rovuma LNG project expects to provide up to 17,000 tons of liquefied petroleum gas (LPG) per year in Mozambique from Area 4 resources,” the release said. “The amount equates to about 50% of the country’s current LPG imports. Area 4 partners also plan to distribute up to 5,000 LPG burners and cooking stoves in the Afungi area to replace the burning of wood.”
ExxonMobil will lead construction and operation of natural gas liquefaction and related facilities, while Eni will lead construction and operation of upstream facilities, the release said.
Exxon Mobil Corp. has evacuated dozens of its foreign staff from the West Qurna 1 oil field, but work is still going on, according to multiple reports.
Drilled by the Maersk Voyager drillship on the Akoma exploration prospect, the well proved up to an estimated 650 billion cubic feet of gas and up to 20 million barrels of condensate, the company said in a news release.
The Ndungu-1 NFW well proved a 65-m oil column with 45 m of net pay in Oligocene sandstones with excellent petrophysical properties, Eni said in a news release.