{"id":42270,"date":"2023-07-09T11:31:16","date_gmt":"2023-07-09T11:31:16","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/coral-north-kogas-advances-us7-bln-gas-development-project-in-mozambique"},"modified":"2023-07-09T11:42:40","modified_gmt":"2023-07-09T11:42:40","slug":"coral-north-kogas-advances-us7-bln-gas-development-project-in-mozambique","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/coral-north-kogas-advances-us7-bln-gas-development-project-in-mozambique","title":{"rendered":"Coral North: KOGAS advances US$7 bln gas development project in Mozambique"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Mozambique. <\/strong><\/span>The Korea Gas Corporation (KOGAS) is set to participate in a US$7 billion (9.2 trillion won) gas development project in Mozambique, Africa, according to the company\u2019s release.<\/p>\n<p>The project, dubbed the Mozambique Area 4 Coral North Floating Liquefied Natural Gas (FLNG) project, is a follow-up to the Coral South FLNG, which KOGAS had previously joined.<\/p>\n<p>According to KOGAS and industry sources on June 30, Italian energy company Eni recently submitted an official proposal for the Coral North project to the Mozambican government. KOGAS decided to participate in the project and has commenced feasibility studies.<\/p>\n<p>If KOGAS\u2019s participation in this project is confirmed, it will mark their first new endeavor in Mozambique in six years following the Coral South project, which began LNG production this year after making the final investment decision in 2017.<\/p>\n<p>The joint venture named \u201cMozambique Rovuma Venture\u201d will operate the project, with KOGAS holding a 10% stake. Besides KOGAS, six companies, including ExxonMobil (USA), Eni (Italy), and China National Petroleum Corporation, will participate.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/mozambique\">Mozambique<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Mozambique. The Korea Gas Corporation (KOGAS) is set to participate in a US$7 billion (9.2 trillion won) gas development project in Mozambique, Africa, according to the company\u2019s release. The project, dubbed the Mozambique Area 4 Coral North Floating Liquefied Natural Gas (FLNG) project, is a follow-up to the Coral South FLNG, which KOGAS [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":42268,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,281,283],"class_list":["post-42270","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Coral North: KOGAS advances US$7 bln gas development project in Mozambique - Mozambique<\/title>\n<meta name=\"description\" content=\"The Korea Gas Corporation (KOGAS) is set to participate in a US$7 billion (9.2 trillion won) gas development project 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\/all-news\/coral-north-kogas-advances-us7-bln-gas-development-project-in-mozambique\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Coral North: KOGAS advances US$7 bln gas development project in Mozambique\" \/>\n<meta property=\"og:description\" content=\"The Korea Gas Corporation (KOGAS) is set to participate in a US$7 billion (9.2 trillion won) gas development project in ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/coral-north-kogas-advances-us7-bln-gas-development-project-in-mozambique\" \/>\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=\"2023-07-09T11:31:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-09T11:42:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/07\/sm_1688886716.143078.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"471\" \/>\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=\"1 minute\" \/>\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\/coral-north-kogas-advances-us7-bln-gas-development-project-in-mozambique#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/coral-north-kogas-advances-us7-bln-gas-development-project-in-mozambique\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Coral North: KOGAS advances US$7 bln gas development project in Mozambique\",\"datePublished\":\"2023-07-09T11:31:16+00:00\",\"dateModified\":\"2023-07-09T11:42:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/coral-north-kogas-advances-us7-bln-gas-development-project-in-mozambique\"},\"wordCount\":186,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/coral-north-kogas-advances-us7-bln-gas-development-project-in-mozambique#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/07\/sm_1688886716.143078.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/coral-north-kogas-advances-us7-bln-gas-development-project-in-mozambique#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/coral-north-kogas-advances-us7-bln-gas-development-project-in-mozambique\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/coral-north-kogas-advances-us7-bln-gas-development-project-in-mozambique\",\"name\":\"Coral North: KOGAS advances US$7 bln gas development project in Mozambique - 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