US oil giant Exxon Mobil has lifted the force majeure on its large liquefied natural gas project, Rovuma LNG, in Mozambique
The energy firm halted work on the project after French oil company TotalEnergies declared a force majeure on its separate LNG project in 2021.
The companies, which share some facilities, made the decision due to rising security concerns in the country.
The $30bn Rovuma LNG project is a major onshore LNG development in Mozambique's Rovuma Basin. It represents one of Exxon Mobil’s largest investments in Africa and is a cornerstone for Mozambique's natural gas export ambitions.
The project aims to liquefy and export gas from offshore Area 4 reservoirs, positioning Mozambique as a significant global LNG exporter.
According to Reuters, an Exxon spokesperson said the company was now working with its partners and the government of Mozambique to ensure the safety of employees and its facilities.
Exxon Mobil expects to make a final investment decision on the project in 2026, with the first LNG targeted for 2030.
