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Daewoo E&C Wins President Chapo’s Support for Mozambique LNG Expansion

With a new MOU in place, President Chapo pledged cooperation to ease the path for Daewoo’s LNG expansion alongside emerging urban and tourism ventures.

This photo provided by Daewoo Engineering & Construction Co. on June 19, 2025, shows company Chairman Jung Won-ju (L) shaking hands with Mozambican President Daniel Chapo during a courtesy call at the Mozambican presidential office in Maputo the previous day. (PHOTO NOT FOR SALE) (Yonhap)

Overview

  • Chairman Jung Won-ju signed an MOU on June 16 with Mozambique’s state-run energy company ENH to collaborate on gas development and related projects.
  • During a June 18 meeting in Maputo, Jung requested government backing for the ongoing LNG plant and support for securing additional project bids.
  • President Daniel Chapo pledged active cooperation for Daewoo E&C’s current LNG operations and upcoming contract bids.
  • Chapo also encouraged Daewoo to expand its development expertise into urban city planning and tourism infrastructure initiatives.
  • Mozambique’s offshore gas reserves, capable of meeting global demand for roughly 16 years, underscore its appeal for LNG investors like Daewoo E&C.