High Commission of the Republic of Mozambique

Installation of Floating LNG platform running to schedule

Maputo, 7 Feb (AIM) – The installation of the floating platform to be used for the production of Liquefied Natural Gas (LNG) from the Coral South gas field off the coast of the northern province of Cabo Delgado, is running within the scheduled time frame, according to a report in the Maputo daily “Noticias” on 7 February.

The platform, which reached Mozambican waters on 3 January after a lengthy voyage from South Korea where it was built, is expected to begin extracting gas during the second half of the year, paving the way for Mozambique to become among the world’s main LNG producers.

The platform is owned by a consortium headed by the Italian energy company, ENI, and contracts have already been signed to sell its entire LNG production to British Petroleum (BP).

A source in ENI told Noticias that “the arrival of the Coral South FLNG platform in Mozambican waters is a demonstration of the ability of ENI and its partners to safely deliver the project within the established time frame. We are moving as planned towards the operational phase and we are confident that the first production of LNG will occur within the second half of 2022”.

Currently, preparation is underway for anchoring and mooring the floating platform. Once the platform has been successfully installed in its final position and connected to the production lines, the offshore commissioning phase will follow consisting of equipment testing before production can begin. This is to ensure that it will operate within Mozambique’s regulations on the licencing of hydrocarbon infrastructures and operations.