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Exxon Revives Mozambique LNG After Four Years in Limbo
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Why This Matters
Exxon Mobil has lifted force majeure on the Rovuma LNG project in Mozambique, clearing a major hurdle for the $30-billion development, which was stalled due to violence in 2021.
Market Impact
Market impact analysis based on bullish sentiment with 74% confidence.
Sentiment
Bullish
AI Confidence
74%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Exxon Mobil has finally lifted force majeure on the long-stalled Rovuma LNG project in northern Mozambique, clearing the first real procedural hurdle the $30-billion development has seen in years. The company halted activity back in 2021 after escalating violence in Cabo Delgado forced both Exxon and TotalEnergies to abandon their sites. Total’s adjacent Mozambique LNG project declared force majeure first; Exxon followed soon after. The two projects share infrastructure, which meant neither could realistically move without the other. An Exxon…
Original article published by
OilPrice.com
on November 20, 2025.
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Analysis and insights provided by AnalystMarkets AI.