Page 14 - AfrOil Week 45 2021

AfrOil PROJECTS & COMPANIES AfrOil

Eni says Coral Sul FLNG project

for Mozambique is “on track”

MOZAMBIQUE ITALIAN oil and gas major Eni has updated 16 trillion cubic feet (463bn cubic metres) of gas
Mozambique’s President Filipe Nyusi about the in place (GIP). They made an FID in favour of
progress of work on the floating LNG (FLNG) going forward with the $10bn Coral South LNG
vessel that will be deployed by the Coral South project in 2017 and have said they will drill six
LNG consortium and assured him that the pro- development wells in 2,000-metre-deep water to
ject remains on schedule. provide feedstock for the FLNG.
In a statement, Eni said its CEO Claudio Des- The shareholders in the project are Mozam-
calzi had informed Nyusi during a meeting on bique Rovuma Venture (MRV), a joint venture
November 5 that work on the FLNG unit was owned by Eni (the operator), ExxonMobil (US)
on track. The vessel has now been completed at and China National Petroleum Corp. (CNPC);
the Samsung Heavy Industries (SHI) shipyard in Galp (Portugal); KOGAS (South Korea), and
South Korea, he said. ENH, Mozambique’s national oil company
Descalzi did not say when the FLNG unit (NOC). ™
might arrive at the Coral section of Area 4 off-
shore Mozambique, which will supply feedstock
for the Coral South LNG project. Work on the
vessel’s hull and topside modules began at SHI in
September 2019. The hull was then launched in
January 2020, and the first topside modules were
lifted into place the following May.
Coral South LNG will have the world’s first
ultra-deepwater FLNG operation. It is also slated
to become the first producer of LNG in Mozam-
bique, as its project will reach the development
stage next year. The consortium’s FLNG vessel
will be capable of turning out 3.4mn tonnes per
year (tpy) of LNG.
Eni was the first international oil company
(IOC) to sign on to a major LNG scheme in
Mozambique. The Italian major and its partners
discovered Coral at Area 4 in 2012 and have
estimated the field’s reserves at approximately The Coral South FLNG is still under construction (Photo: Eni)

Indeni refinery restart expected by

year-end, Zambian minister says

ZAMBIA ZAMBIAN Energy Minister Peter Kapala has before shutting down again. “Zambia’s Indeni
said he expects the Indeni oil refinery to resume refinery is expected to complete repairs and
operations before the end of 2021. restart at the end of the year [2021], will resume
In a telephone interview with S&P Global maintenance by September [2022] and aims to
Platts earlier this week, Kapala indicated that restart operations by the end of the year [2022],”
efforts to repair the 24,000 barrel per day (bpd) he stated. “We are doing all that is possible to
facility were likely to be completed in the near acquire spare parts and have the refinery fully
future. Work on the oil-processing plant will be repaired by the end of the year.”
finished in time to resume regular commercial He went on to say that Zambia’s government
operations by the end of December, he averred. would need to spend about $200mn to purchase
Following the restart, he continued, the facil- the equipment it needs to wrap up repair work
ity will remain online for about nine months at the refinery.

P14 www. NEWSBASE .com Week 45 10•November•2021