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Second LNG Project Possible in Mozambique

LNG

Eni and partners are discussing the possibility of developing a second floating LNG project in Mozambique even before the first LNG has been shipped from the 3.4mtpa Coral South project.

  • The first LNG tanker is due depart from Coral South in offshore Mozambique in October. All offtake is committed to BP under a 2-year agreement.
  • The second possible floating LNG project at Area 4 in the prolific Rovuma Basin would have a capacity of 2.5-3mtpa.
  • Asia is the natural market for Mozambique because it is closer than Europe.
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Eni and partners are discussing the possibility of developing a second floating LNG project in Mozambique even before the first LNG has been shipped from the 3.4mtpa Coral South project.

  • The first LNG tanker is due depart from Coral South in offshore Mozambique in October. All offtake is committed to BP under a 2-year agreement.
  • The second possible floating LNG project at Area 4 in the prolific Rovuma Basin would have a capacity of 2.5-3mtpa.
  • Asia is the natural market for Mozambique because it is closer than Europe.