2021-11-18 12:55:00
MOZAMBIQUE LNG START
ENERDATA - 18 Nov 2021 - Eni has held the naming and sail away ceremony of the Coral-Sul floating LNG (FLNG) facility, which has a gas liquefaction capacity of 3.4 Mt/year and which will be towed and moored at its operating site in the Rovuma basin offshore Mozambique. The project will put in production 450 bcm of gas from the Coral reservoir. Production startup is expected in the second half of 2022.
Area 4 is operated by Mozambique Rovuma Venture (MRV), an incorporated joint venture owned by Eni, ExxonMobil and CNPC, which holds a 70% interest in the Area 4 exploration and production concession contract. In addition to MRV, Galp, KOGAS and Mozambique's Empresa Nacional de Hidrocarbonetos (ENH) E.P. each hold a 10% interest in Area 4.
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Earlier:
2021, November, 10, 11:40:00
MOZAMBIQUE LNG IS BETTER
In April, TotalEnergies declared force majeure on the Mozambique LNG project and removed all of its staff from the site, after Islamist militants attacked the nearby town of Palma in late March, killing dozens.
2021, November, 9, 17:15:00
GLOBAL GAS DEMAND GROWTH
"About 50% of the incremental global natural gas demand will come from Asia by 2035, with China and India as the main engines to boost the development of the LNG market," Luo said.
