Rovuma LNG project (DFC-ROVUMA)

Countries
  • Mozambique
Geographic location where the impacts of the investment may be experienced.
Specific Location
Afungi Peninsula
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • US International Development Finance Corporation (DFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
A
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Borrower
Mozambique Rovuma Venture S.p.A.
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
Not Disclosed
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Community Documents
Other Related Projects
Primary Source

Original disclosure @ DFC website

Updated in EWS Feb 29, 2024

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to bank documents, the Project involves the Area 4 Exploration and Production Concession, located in the Rovuma Basin of Northern Mozambique, and is designed to gather, process and export (in liquefied form) natural gas. The Concession, which will be operated by Mozambique Rovuma Venture S.p.A., extends 50 km offshore and involves the initial extraction of up to 12 trillion cubic feet of dry natural gas and ultimate production of approximately 50 million tons per annum (MTPA) of liquefied natural gas (LNG). The upstream portion of the Project consists of 24 wells, subsea intra-field gathering system, export sea line system and subsea network control system from onshore via umbilical. The midstream portion of the Project involves the construction of two onshore liquefaction trains with a nameplate capacity of 2 x 7.6 MTPA; two, 200,000 m3 LNG storage tanks; and two, 45,000 m3 condensate tanks will be constructed to support production from the two trains. The Rovuma LNG liquefaction facility (midstream) will be located on the Afungi Peninsula on the southern shores of Palma Bay close to the town of Palma.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.
Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - Mozambique Rovuma Venture S.p.A. Client -

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

ExxonMobil Moçambique, Limitada
Bairro Sommershield, Avenida Julius Nyerere
Nº 3412, R/C - Caixa Postal 1133
Maputo, Moçambique

ExxonMobil
c/- Kaia Village Hotel
Address: Mahate Estrada Koba, Terreno 308, Pemba 3203, Mozambique
Phone: +258 87 881 5277

Palma District Government Office:
Governo do Distrito de Palma
Rua da Praça da Independência
Palma

How it works

How it works