Page 8 - GLNG Week 44 2022

GLNG AFRICA GLNG

Eni, ExxonMobil confirm Coral

Sul FLNG turning out LNG

offshore Mozambique

PROJECTS TWO members of the Coral South LNG consor- comment on recent reports that the shipment
tium have confirmed that the Coral Sul floating had been delayed once again because of techni-
LNG (FLNG) vessel is processing natural gas cal problems affecting the FLNG.
from the Coral field offshore Mozambique and According to previous reports, the British
is also on track to load its first export cargo in Sponsor, a tanker operated by BP (UK), arrived
the near future. at the Coral field around mid-October with the
A representative of Eni (Italy), the operator expectation of loading the first LNG cargo soon.
of the group, told Energy Voice on October 28 (BP has signed an agreement that makes it the
that LNG production was already underway. sole off-taker of LNG from the Coral Sul FLNG
The Coral Sul FLNG is handling output from the vessel on an FOB basis for a period of 20 years.)
Coral field, which has been under development Eni is the operator of Coral South LNG,
since June of this year, and “first cargo is expected which has a licence for a section of a block known
shortly,” the representative said. as Area 4 offshore Mozambique in the Rovuma
He was speaking on the same day that Guido basin. The other shareholders in the project are
Brusco, Eni’s COO for natural resources, con- Mozambique Rovuma Venture (MRV), a joint
firmed that the FLNG was operational. “As you venture owned by Eni, ExxonMobil (US) and
know, we have produced the first LNG in Coral China National Petroleum Corp. (CNPC); Galp
and we are completing the ramp-up to achieve (Portugal); KOGAS (South Korea) and ENH, the
the first cargo that is forthcoming,” Brusco told national oil company (NOC) of Mozambique.
analysts during a conference call on his compa- The Italian major discovered the Coral field
ny’s third-quarter results. at Area 4 in 2012 and made an FID in favour of
Meanwhile, ExxonMobil (US), a non-operat- going forward with the $10bn Coral South LNG
ing member of the consortium, reported that the project in 2017. The FID calls for using the Coral
Coral Sul FLNG had started turning out LNG Sul FLNG to liquefy 450bn cubic metres of gas
earlier in October. These volumes will help boost from Coral.
the volume of gas delivered to world markets, The FLNG vessel has a single production
representing “new supply amid growing global train and is currently anchored in 2,000-metre-
demand,” the US super-major commented on deep water. It has a production capacity of 3.4mn
October 28. tonnes per year (tpy) and is the first floating gas
Neither company said exactly when Coral liquefaction plant ever to be deployed at a deep-
South LNG was expected to finish loading and water field off the coast of Africa.™
dispatch its first export cargo. Nor did the parties

P8 www. NEWSBASE .com Week 44 03•November•2022