π Tender Overview
Scope of Work:
To Develop Rovuma Liquefied natural-gas (LNG) Project.
Description:
Japanese company JGC will be joined by Fluor Corp. and TechnipFMC Plc to develop the Rovuma LNG project. The facility will cost between $27 billion and $33 billion, according to March estimates by Johannesburg-based Standard Bank Group Ltd. Preliminary activities costing about $500 million will start soon. A final investment decision is expected next year, and production will probably start in 2025. Rovumaβs planned output is 15.2 million tons of LNG per year.
The venture involves two liquified natural gas trains with a combined production capacity of 15 million tons per year (Mtpa), which will be marketed by ExxonMobil and Italian supermajor Eni.
The companies will process natural gas extracted from three reservoirs located in the Area 4 block, offshore Mozambique.