Located in Mozambique Channel in Mozambique, the Coral Floating LNG liquefaction terminal is owned by Eni, Exxon Mobil, China National Petroleum, Empresa Nacional de Hidrocarbonetos EP, Galp Energia SGPS, and Korea Gas and will be operated by Eni, once it becomes operational in 2022.
The Coral Floating LNG liquefaction terminal will source gas from the following fields -Coral North and Coral South
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With one train, Coral Floating terminal will have an initial LNG production capacity of 3.4Mtpa (million tons per annum).
During the period 2021-2025, the Coral Floating liquefaction plant is expected to witness an estimated capex of $1,200m.
Contractors involved in the liquefaction plant
Some of the key contractors for the Coral Floating LNG liquefaction plant include the following.
Design/FEED: Chiyoda, Daewoo Shipbuilding & Marine Engineering, KBR.
Main EPC: JGC Holdings, Samsung Heavy Industries, TechnipFMC.
EPC: Keppel, Mitsui E&S Holdings.
About Eni
Eni SpA (Eni) is an integrated oil and gas company that discovers, explores, develops, and produces crude oil, natural gas and condensates. The company is also involved in the supply, trading, and shipping of natural gas, LNG, electricity, and fuels. It has operations in Italy, Cyprus, the UK, Portugal, Algeria, Egypt, Gabon, Nigeria, Russia, Venezuela, and other countries. Through its refineries, Eni processes crude oil and other oil-based feedstock to produce fuels, lubricants, and allied products. It commercializes these products through wholesalers and retail networks. The company has properties across Italy, Other European Union, Rest of Europe, Americas, Asia and Africa. Eni is headquartered in Rome, Lazio, Italy.
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By GlobalDataMethodology
Information on the terminal is sourced from GlobalData’s LNG Liquefaction database that provides detailed information on all active and upcoming, LNG liquefaction terminals globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.
