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Mozambique

Mozambique To Resume Rovuma Offshore Gas Project As Coral FLNG Arrives

The arrival of the $2.5bn floating Coral South facility in Mozambique could help revive the country’s potentially transformative LNG sector, as the government assures oil and gas majors that the security situation is under control. A floating plant for liquefying natural gas arrived in Mozambican waters on January 3 after a seven week maritime voyage […]

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Eni completes Coral-Sul FLNG, sails to Rovuma basin in Area 4 first development, offshore Mozambique

The FLNG will be towed and moored at its operating site in the Rovuma basin offshore Mozambique. Production startup is expected in the second half of 2022, and it will contribute to increase gas availability in a tight market.  Eni as Delegated Operator and on behalf of its Area 4 Partners (ExxonMobil, CNPC, GALP, KOGAS […]

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Total proclaims force majeure on Mozambique LNG project

French energy giant Total had suspended plans to resume construction work at Mozambique LNG and cut staffing levels to the minimum in late March after attacks on the nearby town of Palma in the north of the country. In the latest move, the company has removed all staff and declared force majeure. “Considering the evolution […]

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Total Restarts Mozambique LNG Project, Reinforces Security Presences

The Mozambique LNG Project operated by Total E&P Mozambique Area 1 (TEPMA1), and the Government of Mozambique, announce that the Project will progressively resume construction activities at the Afungi site, following the implementation of additional site security measures. After the security events that occurred in December 2020 near the Mozambique LNG project site and led […]

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Eni installs the last topside module lifting for the Mozambique Coral-Sul FLNG

Eni announces the lifting and installation of the last of the 13 topside modules of the Coral-Sul FLNG facility, currently under construction in South Korea. This lifting, which marks the end of the onshore-modules fabrication campaign configuring the entire gas treatment and liquefaction plant, is to schedule and in line with the expected sail-away in […]

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Mozambique’s Economic Future Will Rely on Monetization of Gas at Home

By Written Aydanur Akkurt Africa Gas & Power & Edited by Oilfield Africa Review.  As Mozambique attracts billions of dollars into mega-LNG ventures which will propel the country into a global LNG exporter, domestic gas valorization and monetization will be a crucial factor to turn a gas revolution into an economic success story. The impact […]

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Mozambique Government Signs Agreement with Total to secure LNG Project

Total E&P Mozambique Area 1, operator of the Mozambique LNG project, has announced that it has signed a new Memorandum of Understanding with the Government of Mozambique regarding the security of Mozambique LNG project activities. The MoU provides that a Joint Task Force shall ensure the security of Mozambique LNG project activities in Afungi site […]

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Mozambique’s Matola LNG terminal FEED underway, intensifies talks with potential customers

The front-end engineering design phase for a proposed greenfield liquefied natural gas (LNG) import terminal at the Port of Matola, in the Mozambican capital of Maputo, is underway and the developers of the project are now intensifying discussions with potential energy and industrial off-takers in both Mozambique and South Africa. The project is being developed […]

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Afreximbank injects US$400m to Mozambique’s LNG Project

The African Export-Import Bank (Afreximbank), Africa’s foremost multilateral trade finance institution, is supporting the advancement of Mozambique’s energy industry and economy by committing up to US$400 million in guarantees and direct lending to the Area 1 LNG Project. The total Project is estimated to cost about US$24 billion and is set to be the largest […]

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Environmentalists take Swipe on UK for backing Mozambique LNG project

Mozambique LNG is one of several projects being developed in the country’s northernmost province of Cabo Delgado after one of the biggest gas finds in a decade off its coast. Together, the projects are worth some $60 billion. The lucrative nature and the important of this project cannot be over emphasized owning to its prevailing […]

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