Africa-Press – Mozambique. The executive director of Italian energy company Eni said on Wednesday in Maputo that the second floating platform, Coral Norte, for the production of Liquefied Natural Gas (LNG) in the Rovuma basin, Mozambique, is now a reality, following approval of the project by the Government.
“Coral Norte is the future, and the President (…) brought very interesting and important news because we obtained authorisation for the development plan, with all the terms agreed. This means that Coral Norte is now a reality,” said the executive director of oil company Eni, Claudio Descalzi, after a meeting with Mozambican head of state Daniel Chapo in Maputo.
Speaking at the end of the meeting, Descalzi also said that the Italian oil company plans to move forward with investments in agribusiness, focusing on biofuel production, initiatives that could create job opportunities in rural areas and boost the country’s integration into the biomass value chain.
“You produce a huge number of jobs. We normally work with 150,000 hectares and produce around 130,000 tonnes per year, but that amount of land and agricultural production could impact on 120,000 jobs,” he estimated.
“If you are working with 300,000 hectares, you can produce around 300,000 jobs. It’s a revolution. And the President is very focused on agriculture, on creating jobs,” Descalzi added, acknowledging that agricultural projects can translate into more jobs for Mozambicans.
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