{"id":1003,"date":"2021-06-18T16:03:09","date_gmt":"2021-06-18T16:03:09","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/?p=1003"},"modified":"2021-06-18T16:03:09","modified_gmt":"2021-06-18T16:03:09","slug":"italys-eni-on-track-for-2022-startup-at-floating-mozambique-lng-project","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/economy\/italys-eni-on-track-for-2022-startup-at-floating-mozambique-lng-project","title":{"rendered":"Italy\u2019s Eni on track for 2022 startup at floating Mozambique LNG project"},"content":{"rendered":"

AfricaPress-mozambique:<\/strong> Italy\u2019s Eni is on track to start up its 3.4 million mt\/year capacity Coral South floating LNG production facility offshore Mozambique in 2022, a company spokesperson said, despite the recent militant violence in the southeast African country.<\/p>\n

\u201cWe confirm that so far the violence in the north of Mozambique has not affected the Coral South project timeline and we confirm startup in 2022 as per schedule,\u201d the Eni spokesperson said.<\/p>\n

More than 30 million mt\/year of LNG production capacity is under development in Mozambique as the country looks to join the ranks of the world\u2019s biggest LNG exporters.<\/p>\n

However, there are growing fears that the country\u2019s fledgling LNG industry could be derailed by the growing Islamist insurgency that began in October 2017.<\/p>\n

In late March, dozens of people were killed during attacks on the town of Palma, prompting France\u2019s TotalEnergies in April to declare force majeure on work at its nearby 13.1 million mt\/year Mozambique LNG project.<\/p>\n

For Eni, however, work is on schedule at Coral South, which moved to final investment decision in 2017 and will be Mozambique\u2019s first LNG project to come online.<\/p>\n

It is based on the 450 Bcm of resources in the Coral field in Area 4 offshore Mozambique.<\/p>\n

In 2016, Eni and its Area 4 partners signed an agreement with BP to take the entire volume of LNG to be produced by Coral South for over 20 years.<\/p>\n

Security situation<\/strong><\/p>\n

While Coral South proceeds as planned, the two other planned projects face delays.<\/p>\n

TotalEnergies CFO Jean-Pierre Sbraire said on April 29 that its Mozambique LNG project would be delayed by \u201cat least a year\u201d because of the security situation. The company had targeted first LNG from the project in 2024.<\/p>\n

The planned ExxonMobil-led 15.2 million mt\/year Rovuma LNG facility, meanwhile, remains on hold with no final investment decision yet.<\/p>\n

Both are located in northeastern Mozambique, close to the town of Palma and around 60 km from the port town of Mocimboa da Praia, which has been occupied by insurgents since mid-2020.<\/p>\n","protected":false},"excerpt":{"rendered":"

AfricaPress-mozambique: Italy\u2019s Eni is on track to start up its 3.4 million mt\/year capacity Coral South floating LNG production facility offshore Mozambique in 2022, a company spokesperson said, despite the recent militant violence in the southeast African country. \u201cWe confirm that so far the violence in the north of Mozambique has not affected the Coral […]<\/p>\n","protected":false},"author":84,"featured_media":995,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[429,430],"class_list":["post-1003","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-italys-eni","tag-lng"],"yoast_head":"\nItaly\u2019s Eni on track for 2022 startup at floating Mozambique LNG project - Mozambique<\/title>\n<meta name=\"description\" content=\"Italy\u2019s Eni is on track to start up its 3.4 million mt\/year capacity Coral South floating LNG production facility offshore Mozambique in\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mozambique\/economy\/italys-eni-on-track-for-2022-startup-at-floating-mozambique-lng-project\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Italy\u2019s Eni on track for 2022 startup at floating Mozambique LNG project\" \/>\n<meta property=\"og:description\" content=\"Italy\u2019s Eni is on track to start up its 3.4 million mt\/year capacity Coral South floating LNG production facility offshore Mozambique in\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/economy\/italys-eni-on-track-for-2022-startup-at-floating-mozambique-lng-project\" \/>\n<meta property=\"og:site_name\" content=\"Mozambique\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-18T16:03:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/liberia\/sites\/64\/2021\/06\/coral-south-render-source-eni.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"567\" \/>\n\t<meta property=\"og:image:height\" content=\"309\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/economy\/italys-eni-on-track-for-2022-startup-at-floating-mozambique-lng-project#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/economy\/italys-eni-on-track-for-2022-startup-at-floating-mozambique-lng-project\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Italy\u2019s Eni on track for 2022 startup at floating Mozambique LNG project\",\"datePublished\":\"2021-06-18T16:03:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/economy\/italys-eni-on-track-for-2022-startup-at-floating-mozambique-lng-project\"},\"wordCount\":342,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/economy\/italys-eni-on-track-for-2022-startup-at-floating-mozambique-lng-project#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/liberia\/sites\/64\/2021\/06\/coral-south-render-source-eni.jpg\",\"keywords\":[\"Italy\u2019s Eni\",\"LNG\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/economy\/italys-eni-on-track-for-2022-startup-at-floating-mozambique-lng-project#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/economy\/italys-eni-on-track-for-2022-startup-at-floating-mozambique-lng-project\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/economy\/italys-eni-on-track-for-2022-startup-at-floating-mozambique-lng-project\",\"name\":\"Italy\u2019s Eni on track for 2022 startup at floating Mozambique LNG project - 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