DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!Exxon Asks for Security: Mozambique's LNG Gamble
Exxon Asks for Security: Mozambique's LNG Gamble

Exxon Asks for Security: Mozambique's LNG Gamble

Update: 2025-09-30
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Will Exxon gamble $30 billion on Mozambique's gas? CEO Darren Woods seeks security guarantees from President Chapo amid ongoing Islamist threats that previously halted TotalEnergies' project. With potential to be Africa's largest LNG facility, Rovuma LNG promises huge economic gains, but instability and dwindling regional security support create major risks. As TotalEnergies restarts, can Mozambique convince Exxon the reward outweighs the danger?

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Exxon Asks for Security: Mozambique's LNG Gamble

Exxon Asks for Security: Mozambique's LNG Gamble