ENI confirms LNG production will begin mid-2022
Maputo, 7 Nov (AIM) – The Italian energy company ENI has confirmed that it will start the production and export of liquefied natural gas (LNG), from its floating platform off the coast of the northern Mozambican province of Cab Delgado, as from mid-2022.
The Mozambican Minister of Mineral Resources and Energy, Max Tonela, gave this news at a press conference in Maputo on 5 November, held shortly after President Filipe Nyusi had granted an audience to the ENI Chief Executive Officer, Claudio Descalzi.
The floating LNG platform is under construction in a South Korean shipyard, and Tonela expected the construction to be complete by the end of this year. The platform must then be towed to the Coral South gas field in the Rovuma Basin, about 40 kilometres from the Cabo Delgado coast.
“So, there is a positive prospect that, as from the end of the first half of 2022, Mozambique will produce and export LNG”, said Tonela.
Descalzi said that the drilling of the wells in Area Four of the Rovuma Basin, from which the gas will be extracted, has already been completed. The floating LNG platform was now a reality, he added, and will be the first project to produce LNG from the natural gas reserves in Cabo Delgado.
Descalzi said he had also discussed with President Nyusi, a range of other projects including the production of bio-diesel, paints, varnishes, plastics, and glue.
ENI’s floating platform is expected to produce 3.4 million tonnes of LNH a year. All this LNG has already been sold under a contract with the multinational petroleum company. BP, valid for the next 20 years.
Unlike the onshore LNG projects, the floating platform has not been affected by the terrorist attacks in Cabo Delgado.
The project is based on six wells drilled in waters that are around 2,000 metres deep from which the gas will be pumped to the platform. The Coral South field, discovered by ENI in May 2012, contains an estimated 16 trillion cubic feet of natural gas.