Exxon has secured long-term purchasing commitments for liquefied natural gas from its Rovuma project in Mozambique, moving closer to a final investment decision on a facility that will add as much as 15.2 million tons of LNG to global capacity. In a statement , the oil supermajor, which also has significant plans in the liquefied natural gas area, said the commitments are awaiting finalization and will then need to get the approval of the government of Mozambique. Once this is done, Exxon and its partners in the project will move forward with the final investment decision on the project. Production is slated to begin in 2024. Exxon has extensive participation in LNG projects around the world, including in Qatar, the world’s biggest producer and exporter of the commodity that is seen as the bridge fuel between the fossil fuel and the renewable energy eras. Exxon also has a stake […]