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…

Mozambique could soon export its first LNG from the Eni SpA-operated Coral-Sul Floating LNG (FLNG) facility offshore Mozambique’s northern coastline, as an LNG tanker is sailing to the facility to load the first cargo.  The British Mentor was floating in the Mozambique Channel on Thursday, just south of the Comoro Islands, according to ship-tracking data…

Africa’s first floating liquefied natural gas (FLNG) vessel, the Coral-Sul, has arrived in Mozambique and is on track to start up one of only a few liquefaction projects slated to start service worldwide in 2022.  A rise in violence last year from militants with ties to the Islamic State group and pandemic-related issues has brought…

Construction on the Golden Pass liquefied natural gas (LNG) export project in Texas is progressing, with the facility on track to come online in 2024, according to ExxonMobil. ExxonMobil Qatar President Dominic Genetti said recently there are currently about 4,000 people at the worksite for the three-train, 16 million metric tons/year (mmty) facility. “I think…

Anticipated delays in developing liquefied natural gas (LNG) export projects in Mozambique could cause the market to tighten even more than expected later this decade, with forecasts flipping from surplus to deficit in 2029, according to a new report from Rystad Energy. The Norwegian consultancy said it now expects a supply deficit of 5.6 million…

French supermajor Total SE has suspended work at its Mozambique liquefied natural gas (LNG) work site amid rising violence in the area. Total said the security threat from violent insurgents had led it to declare force majeure on the $20 billion project. It did not say when work might resume. “Considering the evolution of the…

Mozambique liquefied natural gas (LNG), the nation’s first onshore export project, is set to finalize $15 billion of financing commitments this month, according to South Africa’s Rand Merchant Bank (RMB), which is among those funding the facility.

Swiss giant Vitol Inc. is launching an energy trading venture with ENH, the national oil company (NOC) of Mozambique, where a plethora of natural gas reserves has opened the region to mega export projects.

Anadarko Petroleum Corp. and its partners late Tuesday pulled the switch to sanction their massive Mozambique natural gas export project.