Eni announces hull launch of Coral North FLNG

Eni and its partners, China National Petroleum Corporation (CNPC), ENH, KOGAS and XRG have announced the hull launch of the Coral North FLNG

Coral North will be the second state-of-the-art floating LNG facility to be deployed in the Rovuma Basin waters, offshore Cabo Delgado, north of Mozambique, and will bring to production the gas from the northern part of Coral gas reservoir

Coral South, the first project to produce gas from the Rovuma Basin, has already delivered to the market more than 135 LNG cargoes. Building on the knowledge and experience gained since Coral South began production in 2022, Coral North is designed to deliver enhanced efficiency and optimised performances, reducing costs and minimizing execution risks with the goal of completing the project on schedule by 2028.

With a 3.6 MTPA liquefaction capacity, Coral North will double Mozambique’s total LNG output to 7 MTPA, making the country Africa’s third-largest LNG producer and exporter, strengthening its role as a key player in the global energy market.

Coral North is expected to bring big economic benefits for Mozambique, including revenues from LNG, a boost to local industry, and the creation of new jobs. Coral North will also expand investments in local development initiatives.

Eni has been present in Mozambique since 2006. Between 2011 and 2014, the company discovered vast natural gas resources in the Rovuma Basin, in the Coral, Mamba Complex and Agulha reservoirs, with around 2,400 billion cubic meters of gas in placeEni also contributes to improving the country’s economic diversification, access to education, health and water through implementation of a comprehensive sustainability plan.