Eni Loads First Coral-Sul LNG Cargo Offshore Mozambique

The Coral-Sul Floating LNG (FLNG) terminal operated by Eni SpA offshore Mozambique has loaded its first cargo, marking a long-awaited debut as European buyers scramble for natural gas sources.

The first liquefied natural gas volumes from the Coral-South project were loaded on a BP plc ship; the supermajor has long-term offtake agreements for all production from the 3.4 million metric tons/year (mmty) facility.

Eni CEO Claudio Descalzi called the first cargo a “new and significant” step in the firm’s strategy to improve Europe’s energy security outlook “through the increasing diversification of supplies, while also supporting a just and sustainable transition.”

Operations at Coral-Sul were ramping up over the last two weeks after delays pushed back the project’s...