Coronavirus, gas slump put brakes on Exxon's giant Mozambique LNG plan

Coronavirus, gas slump put brakes on Exxon's giant Mozambique LNG plan
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25.03.2020

MOSCOW (MRC) -- Exxon Mobil is likely to delay the greenlighting of its USD30 billion liquefied natural gas (LNG) project in Mozambique as the coronavirus disrupts early works and a depressed gas market makes investors wary, six sources told Reuters.Top US oil and gas company Exxon said on Tuesday it was evaluating "significant" cuts to capital spending and operating expenses. Energy firm

Full article at mrcplast.com

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