Exxon Seeks Security for $30B Mozambique LNG Project

September 30, 2025

2 minutes read

exxonmobil

Exxon Mobil CEO Darren Woods met Mozambique’s President Daniel Chapo in September 2025 to address risks from an insurgency threatening a $30 billion liquefied natural gas (LNG) terminal in Cabo Delgado. Woods sought guarantees to ensure safety before approving the project.

Regional Challenges

Since 2017, insurgents linked to extremist groups have disrupted Cabo Delgado, killing thousands and halting major energy projects.

A 2021 attack forced TotalEnergies to pause its nearby LNG facility, impacting Exxon’s shared infrastructure plans.

Project Details

Exxon, partnered with Eni, is developing the Rovuma LNG project in offshore Area 4, targeting 18 million metric tonnes of LNG annually.

A final investment decision is planned for 2026, pending security improvements.

Chapo’s Support

Chapo emphasized the project’s potential to boost Mozambique’s economy and improve lives. “This initiative could transform our nation,” he said, signaling strong government backing.

TotalEnergies’ Role

Woods and Chapo also discussed TotalEnergies’ plans to resume its LNG project and lift its 2021 force majeure. Progress on both projects depends on stabilizing the region.

Exxon’s Stance

An Exxon spokesperson confirmed ongoing collaboration with partners to secure conditions for the Rovuma project’s approval and to lift the force majeure, ensuring safe operations.

Why It Matters

The Rovuma LNG project could make Mozambique a key energy player, but insurgency risks threaten progress. Security assurances are critical for economic benefits.

What’s Next

Exxon awaits stronger safety measures before committing in 2026. Resolving the insurgency could unlock billions in investments for Mozambique’s energy sector.

Russia Withdraws from European Anti-Torture Pact

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