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According to petroleum regulator INP, Mozambique expects to ship its first LNG exports to Europe from the Eni-operated Coral Sul floating plant later this month or early November, in a supply boost for the energy-starved region. BP's LNG tanker has already arrived offshore northern Mozambique with all of Coral Sul's annual gas output of 3.4 million tonnes contracted to BP for 20 years on a free-on-board basis.  A sustained violent insurgency inland with links to Islamic State has scared off investors, as French oil major TotalEnergies last year declared force majeure on its $20 billion LNG project amid rising attacks in the north of Cabo Delgado province.  However, according to INP, they are satisfied with the improvement of stability in Cabo Delgado Province and are expecting Total to return by next year.”

Mozambique’s first LNG exports to Europe seen by early November

According to petroleum regulator INP, Mozambique expects to ship its first LNG exports to Europe from the Eni-operated Coral Sul floating plant later this month or early November, in a supply boost for the energy-starved region. BP’s LNG tanker has already arrived offshore northern Mozambique with all of Coral Sul’s annual gas output of 3.4 million tonnes contracted to BP for 20 years on a free-on-board basis.  A sustained violent insurgency inland with links to Islamic State has scared off investors, as French oil major TotalEnergies last year declared force majeure on its $20 billion LNG project amid rising attacks in the north of Cabo Delgado province.  However, according to INP, they are satisfied with the improvement of stability in Cabo Delgado Province and are expecting Total to return by next year.”

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