{"id":24012,"date":"2022-08-02T15:15:21","date_gmt":"2022-08-02T15:15:21","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/eni-plans-second-lng-platform-off-mozambique-as-europe-seeks-gas"},"modified":"2022-08-02T15:32:20","modified_gmt":"2022-08-02T15:32:20","slug":"eni-plans-second-lng-platform-off-mozambique-as-europe-seeks-gas","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/eni-plans-second-lng-platform-off-mozambique-as-europe-seeks-gas","title":{"rendered":"Eni plans second LNG platform off Mozambique as Europe seeks gas"},"content":{"rendered":"

Africa-Press – Mozambique. <\/strong><\/span>Eni SpA is planning a second liquefied natural gas production vessel offshore Mozambique that could be built in less than four years to help Europe diversify supplies of the fuel, according to a company executive.
\nEuropean nations are seeking new energy sources after Russia\u2019s invasion of Ukraine, causing gas prices for the bloc to jump more than four times higher than a year ago. For Mozambique, a second floating LNG export platform would help boost gas exports slowed by multiple delays.
\n\u201cThis is a great opportunity, to develop its resources and bring significant revenues,\u201d Guido Brusco, Eni\u2019s chief operating officer of natural resources said in an online interview with Bloomberg last week. \u201cIt is also a great opportunity for Europe to diversify their supplies. In this context, a project that could be delivered in less than four years has a tremendous opportunity window.\u201d
\nBefore reaching a final investment decision, the company will need to agree to with partners including ExxonMobil Corp., China National Petroleum Corp. and Mozambican state-owned Empresa Nacional de Hidrocarbonetos. Eni is responsible for offshore projects with ExxonMobil in charge of onshore assets. ENH didn\u2019t respond to questions seeking comment.
\nMove quickly
\nCoral-Sul has remained on schedule for first exports this year despite supply-chain lags caused by the pandemic. Located more than 50 kilometers (31 miles) offshore, it\u2019s also been unaffected by an insurgency linked to Islamic State that led TotalEnergies to freeze work last year on an onshore project that\u2019s planned to have almost four times the capacity of the floating vessel.
\n\u201cI believe that to fully develop Mozambique\u2019s considerable gas resources, the right decision is to move toward both an onshore concept and an offshore concept,\u201d Brusco said.
\nThe insurgency, which started in 2017 and has left at least 4,131 people dead, has also delayed a final investment decision from ExxonMobil for an onshore development the company plans together with Eni and the other consortium partners.
\nIt\u2019s crucial to move quickly, as demand for floating LNG platforms and the materials needed to build them will increase, said Brusco. \u201cIn the current situation, time is of essence.\u201d<\/p>\n

For More News And Analysis About Mozambique<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mozambique. Eni SpA is planning a second liquefied natural gas production vessel offshore Mozambique that could be built in less than four years to help Europe diversify supplies of the fuel, according to a company executive. European nations are seeking new energy sources after Russia\u2019s invasion of Ukraine, causing gas prices for the […]<\/p>\n","protected":false},"author":84,"featured_media":24011,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[233,281,283],"class_list":["post-24012","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"\nEni plans second LNG platform off Mozambique as Europe seeks gas - Mozambique<\/title>\n<meta name=\"description\" content=\"Eni SpA is planning a second liquefied natural gas production vessel offshore Mozambique that could be built in less tha ...\" \/>\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\/all-news\/eni-plans-second-lng-platform-off-mozambique-as-europe-seeks-gas\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Eni plans second LNG platform off Mozambique as Europe seeks gas\" \/>\n<meta property=\"og:description\" content=\"Eni SpA is planning a second liquefied natural gas production vessel offshore Mozambique that could be built in less tha ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/eni-plans-second-lng-platform-off-mozambique-as-europe-seeks-gas\" \/>\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=\"2022-08-02T15:15:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-08-02T15:32:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/08\/postQueueImg_6-62e9436b24092.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"620\" \/>\n\t<meta property=\"og:image:height\" content=\"349\" \/>\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\/all-news\/eni-plans-second-lng-platform-off-mozambique-as-europe-seeks-gas#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/eni-plans-second-lng-platform-off-mozambique-as-europe-seeks-gas\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Eni plans second LNG platform off Mozambique as Europe seeks gas\",\"datePublished\":\"2022-08-02T15:15:21+00:00\",\"dateModified\":\"2022-08-02T15:32:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/eni-plans-second-lng-platform-off-mozambique-as-europe-seeks-gas\"},\"wordCount\":376,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/eni-plans-second-lng-platform-off-mozambique-as-europe-seeks-gas#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/08\/postQueueImg_6-62e9436b24092.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/eni-plans-second-lng-platform-off-mozambique-as-europe-seeks-gas#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/eni-plans-second-lng-platform-off-mozambique-as-europe-seeks-gas\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/eni-plans-second-lng-platform-off-mozambique-as-europe-seeks-gas\",\"name\":\"Eni plans second LNG platform off Mozambique as Europe seeks gas - 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