Mammoth solar project. The the Final Investment Decision (FID) on the Rovuma LNG Project in Mozambique has been put on hold. According to the National Petroleum Institute (INP) ExxonMobil will make the FID on the US $30bn project in 2021. The FID on Rovuma LNG project was expected to take place in the first half of 2020, but in March ExxonMobil. But LNG Canada CEO Andy Calitz said Shell and its partners - Mitsubishi, PetroChina, Kogas - have unanimously agreed to delay an FID until market conditions improve. The FID was expected to be. The global LNG market was valued at USD 30.34 billion in 2020, and is expected to reach USD 66.13 billion by 2027, at a CAGR of 6.92% during 2022-2027. Among all the likely pre-FID LNG projects, McKinsey says its cost curve projects each would need a minimum of $7 per million British thermal unit to stay competitive. “That being so, only about one in 10 of announced projects is likely to be competitive enough to reach FID.