Rovuma LNG project (DFC-ROVUMA)

Countries
  • Mozambique
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
Bank Risk Rating
A
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
Mozambique Rovuma Venture S.p.A.
The holder of the loan, grant, or other investment.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
Not Disclosed
When disclosed, the bank did not provide this value. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ DFC website

Updated in EWS Aug 21, 2020


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Project 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
  • US International Development Finance Corporation (DFC)
Private Actors
Contact Information

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