The liquefied natural gas floating platform, Coral Sul FLNG, operated by Italian Eni, reached a major milestone in the production and export of LNG today.
This is the mark of the 100 LNG shipments from the Floating Platform. The factory unit, anchored in ultra-deep waters off Cabo Delgado, has been exporting LNG on a weekly basis since November 2022. With the shipment that took place at the end of today, the project achieves one of its operational objectives by producing and liquefying natural gas with excellent levels of security, providing a reliable and cleaner alternative of energy to the world from Mozambique.
The success of the South Coral Platform FLNG is supported not only by the delivery of a national resource, liquefied natural gas, in regular shipments to Asia, but also by the effective participation of Mozambicans in the chain of this mega-project, contributing concretely to a safer, more economically balanced and inclusive energy transition for Mozambique and the world in general, in a global context of energy transition, said Nazário Bangalane, Chairman of the Board of Directors of the National Petroleum Institute (INP), reacting to the milestone announced by the consortium of Area 4. On the other hand, this milestone attests to the quality of mozambique gas and the still existing energy potential, to assist the needs of a world still thirsting for clean energy, Bangalane concluded.
This milestone comes at a time when the concessionaire and partners are already working to find more suitable alternatives for project expansion to increase gas recovery levels in area 4.
It should be noted that the Coral Sul FLNG is operated by Eni representing Mozambique Rovuma Venture (MRV), a consortium that includes ExxonMobil and China National Petroleum Corporation (CNPC), which holds 70% stake. The remaining 30% are equally distributed between ENH, Galp and South Korean Kogas, each with 10%.
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