ExxonMobil Invests $50B in LNG Expansion

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2026-02-14 • By Michael Barnes

Energy giant allocates massive capital to LNG infrastructure.

ExxonMobil announced $50 billion capital program for LNG expansion and modernization. The investment reflects strategic positioning for growing Asian and emerging market demand.

New LNG projects in Guyana, Mozambique, and Papua New Guinea are major elements. Projects will add 10 million tons of annual capacity.

ExxonMobil is the world's largest LNG producer. LNG provides baseload power as nations transition away from coal.

The program includes carbon capture projects addressing climate concerns.