Eni Plans FLNG Unit Off Mozambique

Eni Plans FLNG Unit Off Mozambique

Eni of Italy is reportedly planning to build an FLNG facility to unlock the gas reserves from a field offshore Palma district, Mozambique.

Bernama reported that Eni recently issued a “Public Announcement for Expression of Interest” for an FLNG facility in the Mozambican media, asking the companies to express their interest by May 5, after which they could potentially get an “Invitation to Tender” package from the Italian company.

Eni recently announced in the company’s 2014-2017 strategic plan that it expects to order three FLNG units by the end of 2014, which would be located along the Mozambique coast.

Eni is the operator of the Area 4 in Mozambique with an indirect 50% participating interest, owned by Eni East Africa, which holds 70% of Area 4. The other partners are Galp Energia (10%), KOGAS (10%) and ENH (10%, exploration phase only). CNPC holds an indirect stake of 20% through Eni East Africa in Area 4.

LNG World News Staff, April 16, 2014

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