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flag ExxonMobil restarts Mozambique LNG project halted since 2021 due to insurgency, with production targeted for 2030.

flag ExxonMobil has resumed its liquefied natural gas project in Mozambique’s Rovuma Basin, lifting a force majeure declaration that paused operations since 2021 due to a jihadist insurgency in Cabo Delgado. flag The company, holding a 25% stake in the project, is working with partners and the Mozambican government to advance development, with a final investment decision expected in 2026 and production targeted for 2030. flag The project, part of a multinational consortium including ENI, CNPC, XRG, and KOGAS, had been halted amid violence that caused over 6,200 deaths since 2017. flag TotalEnergies also resumed operations in October, while Mozambique’s government plans to audit losses from the suspension. flag ExxonMobil has not confirmed whether it will seek compensation.

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