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Mozambique says U.S. gas giant Exxon to finalize LNG investment next week

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U.S. energy giant Exxon Mobil will finalize its investment in Mozambique's ...

FILE PHOTO: Logos of ExxonMobil are seen in its booth at Gastech, the world's biggest expo for the gas industry, in Chiba, Japan April 4, 2017. REUTERS/Toru Hanai/File Photo

Exxon’s Rovuma LNG project, jointly operated with Italian firm Eni, will produce, liquefy and sell natural gas from three reservoirs located in the Area 4 block offshore Mozambique’s northern coast.State television news channel TVM on Sunday said the Ministry of Mineral Resources and Energy would host a signing ceremony with Exxon and other firms in the capital Maputo on Tuesday.

 

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Uh-oh. Better call foreign LNG expert Hunter Biden.

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