ATLANTA, Oct. 04, 2024 (GLOBE NEWSWIRE) -- ExxonMobil - on behalf of Mozambique Rovuma Venture (MRV), operator of the Area 4 concession in northern Mozambique's Rovuma Basin - announces its strategic decision to select Chart Industries' (NYSE: GTLS) ('Chart”) IPSMR® liquefaction technology and proprietary equipment for the Rovuma LNG project at the Afungi peninsula.
The Rovuma LNG Project will produce, liquefy and market natural gas from reservoirs of the Area 4 block of the offshore Rovuma Basin and includes the construction of 12 modules of 1.5 MTA each, with a total LNG capacity of 18 million tonnes annually, as well as associated onshore facilities. The selection of Chart IPSMR® for the 12 liquefaction modules is expected to help enable increased project competitiveness, improved reliability and lower GHG emissions.