Page 15 - AfrOil Week 46 2021

AfrOil PROJECTS & COMPANIES AfrOil

Eni has been active in Mozambique since 2006. The Coral South LNG project is expected to
Between 2011 and 2014, the Italian major dis- generate significant revenues for Mozambique’s
covered large natural gas reserves in several government and create more than 800 new jobs
Rovuma basin fields, including Coral, Mamba during the operation period.
Complex and Agulha. These reservoirs hold Eni’s director of Development, Opera-
an estimated 2.4 trillion cubic metres of gas in tions and Energy Efficiency Stefano Maione
place (GIP). (Eni also owns exploration rights described Coral Sul FLNG as a world-class feat
to offshore Blocks A5-B, Z5-C and Z5-D in the of engineering and technology suited to kick off
Angoche and Zambezi basins.) the development of Mozambique’s natural gas
The Coral-Sul FLNG is 432 metres long and resources. “The project fits integrally with and
66 metres wide, weighs around 220,000 tonnes within Eni’s energy transition strategy, as we
and has the capacity to accommodate up to 350 move towards a decarbonised energy future, in
people in its eight-story living quarter module. which gas is playing an essential and transitional
“Once the FLNG facility [is] in place, the role,” he said.
installation campaign will begin, including Eni noted that the Coral-Sul FLNG has devel-
mooring and hook-up operations at a water- oped with an energy optimisation approach,
depth of around 2,000 metres by means of integrated in the design through systematic
20 mooring lines that [in total] weigh 9,000 analysis of energy efficiency improvements.
tonnes,” said Eni in press release. These include zero flaring during normal opera-
The vessel has a gas liquefaction capacity of tions, use of thermal efficient aero-derivative gas
3.4mn tonnes per year (tpy) and will bring into turbines for refrigerant compressors and power
production 450bn cubic metres of gas from the generation, emission and waste heat recovery
giant Coral reservoir in the Rovuma basin. systems for gas processing. ™

Tanzania resumes talks with

Shell, Equinor on LNG project

TANZANIA TANZANIA’S Energy Minister January after Tanzanian officials wrapped up a set of
Makamba has confirmed that his country’s gov- preliminary talks with IOC representatives in
ernment has resumed talks with several inter- Arusha. Ola Morten Aanestad, a spokesman
national oil companies (IOCs) on the Tanzania for Equinor (Norway), told The EastAfrican
LNG project. on November 6 that his company had been
Makamba made an announcement to this informed of the Tanzanian side’s intentions
effect in a pair of Twitter posts dated Novem- during those talks. “The LNG [project] investors
ber 8 and said he expected this large-scale ini- have been notified of the meeting on November
tiative to benefit the country. “Today, I kicked 8 by the government,” he said.
off negotiations for the $30bn Tanzania LNG Fedister Agrey, a project manager for Tan-
project,” he wrote. “The project will transform zania Petroleum Development Corp. (TPDC),
our economy.” confirmed that the parties were due to begin
He further stated that Tanzanian authorities negotiations on that date. The government has
had been “[working] hard behind the scenes” made all the necessary preparations for the talks
over the last two months to lay the groundwork and intends to secure a stake for TPDC in the
for additional talks on the LNG scheme and Tanzania LNG project, she said on November 6.
went on to say that he expected the negotiations State-owned TPDC expects work on Tanza-
to bear fruit soon. “We’re confident that a final nia LNG to begin in 2023 and finish in 2028. The
investment decision [FID] will come sooner total cost of the project may reach $30bn.
than is traditionally the case,” he declared. According to previous reports, the scheme
The energy minister has not commented on will involve constructing a gas liquefaction
the progress of talks on Tanzania LNG since plant at Lindi, in the southern part of the coun-
November 8. He did say in one of his Twitter try. This facility will handle production from
posts, though, that all of the IOCs involved in three deepwater offshore sites containing about
the Tanzania LNG project were taking part in 35 trillion cubic feet (991bn cubic metres) of
negotiations. Representatives of Royal Dutch gas – Block 2, assigned to Equinor, and Blocks
Shell (UK/Netherlands), Equinor (Norway), 1 and 4, assigned to Shell. It will have two pro-
ExxonMobil (US), Pavilion Energy (Singapore) duction trains with a capacity of 5mn tonnes per
and Medco Energi (Indonesia) were all present year (tpy) each. Tanzania will have to sign a host
on November 8, he wrote. government agreement (HGA) with Shell and
Makamba wrote the Twitter posts shortly Equinor before construction begins. ™

Week 46 17•November•2021 www. NEWSBASE .com P15