ExxonMobil appears certain to delay the final investment decision (FID) for its US $25 Bn LNG project in Mozambique as the coronavirus disrupts early works and a depressed gas market makes investors wary. The Rovuma LNG project, which will produce from Area 4 which contains more than 85 Tcf of gas, was expected to get the go-ahead in the first half of 2020. But three sources familiar with the project told Reuters that Exxon's partners want to push back the FID. A further three sources said the pandemic is disrupting work on the project to such a degree that FID before late in the second half is unlikely.
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