Japan is not only going to consume gas produced in Mozambique but its engineers will be leading the operations to extract the gas from the Indian Ocean.
The Japanese contractor, JGC Corp. unprecedentedly won the contract to develop the Rovuma liquefied natural-gas project in Mozambique, which is set to be the biggest-ever private investment in Africa.
JGC is leading a consortium including Fluor Corp. And Technip FMC Plc to develop the Rovuma LNG project, a 15.2Million Tonnes Per Annum (MMTPA) project which is operated by ExxonMobil. The invoice for the project is around $30Billion and is the priciest hydrocarbon valourisation project on the continent in the last 10 years.
The Rovuma LNG project will develop over 60Trillion cubic feet of reserves in the deepwater Area 4 block, offshore Mozambique.
But the final investment decision, earlier planned for second quarter of 2019, has been deferred to 2020, with first gas expected on stream in 2025.