Offshore staff
MAPUTO, Mozambique — bp has loaded the first cargo of LNG from the Coral Sul FLNG vessel in deepwater Area 4 offshore Mozambique.
Under a 20-year offtake contract signed in 2016, bp will purchase 100% of LNG output from the vessel, which is designed to produce up to of 3.4 MM metric tons per year of LNG.
The sellers are the Mozambique Rovuma Venture (Eni, Exxon Mobil and CNPC), and GALP, KOGAS and Mozambique state energy company ENH.
Eni CEO Claudio Descalzi said, “We will continue to work with our partners to ensure timely valorization of Mozambique’s vast gas resources.”
The Coral South project came onstream five years after sanction in 2017, Eni said, in line with the initial budget and schedule, despite disruption caused by COVID-19.
The Coral reservoir holds an estimated 450 Bcm of gas.
11.15.2022
