Pemba, Mozambique, July 24, 2026 (Lusa) - ExxonMobil on Friday assured business leaders in Cabo Delgado, in northern Mozambique, that local companies will be included in the business opportunities arising from the Rovuma LNG gas project, for which a final investment decision is expected this year.
«As the project moves beyond the final investment decision, events for suppliers such as this one will be held regularly to ensure the inclusion and broad participation of [local] companies interested in joining the project's supply chain,» said Lauren Glushik, quoted in a statement released by the Cabo Delgado Provincial Government.
According to the same statement, she emphasised that the development of Mozambican companies will be essential to the success of the Rovuma LNG project, led by ExxonMobil, and called for greater national participation in the supply chain.
The governor of Cabo Delgado, Valige Tauabo, stated, for his part, that the provincial government will continue to work with partners to create an environment conducive to private sector development, job creation and inclusive economic growth.
«The Cabo Delgado Provincial Government reaffirms its commitment to continuing to work with all partners to promote an environment conducive to private sector development, job creation and inclusive economic growth in our province,» he said.
Mozambique has three approved projects for the exploitation of natural gas reserves in the Rovuma Basin, off the coast of Cabo Delgado, which are considered to be among the largest in the world.
The Coral Sul project, led by Eni, is currently the only one in production, having been operational since 2022. Last October, investment was also approved for the second floating gas liquefaction platform, Coral Norte, valued at $7.2 billion (€6.2 billion), which is expected to double production to seven million tonnes of liquefied natural gas (LNG) per year from 2028, with a third unit currently under consideration.
After four years of suspension due to the insecurity caused by armed attacks in Cabo Delgado, the Mozambique LNG project in Area 1, led by TotalEnergies, valued at $20 billion (€17.4 billion), officially resumed in January and is expected to produce up to 13 million tonnes of LNG per year from 2029.
Next comes the Rovuma LNG project in Area 4, estimated at $30 billion (€26.1 billion), whose construction and operation will be led by ExxonMobil as the project's delegated operator, with a projected production capacity of 18 million tonnes per year after 2030.
«We are making good progress with Exxon,» said the Mozambican head of state in an interview with Lusa on 14 July.
«We are working so that, if all goes well, by September of this year – 2026 – we can also sign the final investment decision. We are talking about the largest private investment project on the African continent,» he emphasised.
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