Browsing: liquefied natural gas in Mozambique

Eni’s Coral-Sul floating liquefied natural gas vessel off Mozambique’s northern coastline. www.theexchange.africa

Eni, as delegated operator of the Coral South project on behalf of its Area 4 Partners (ExxonMobil, CNPC, GALP, KOGAS and ENH), confirmed that the first shipment of liquefied natural gas (LNG) produced from the Coral gas field, in the ultra-deep waters of the Rovuma Basin, departed from Coral Sul Floating Liquefied Natural Gas (FLNG) facility.

“The first shipment of LNG from Coral South project, and from Mozambique, is a new and significant step forward in Eni’s strategy to leverage gas as a source that can contribute in a significant way to Europe’s energy security, also through the increasing diversification of supplies, while also supporting a just and sustainable transition. We will continue to work with our partners to ensure timely valorisation of Mozambique’s vast gas resources,” commented Eni CEO Claudio Descalzi.

As part of its exploration activity offshore Mozambique, Eni discovered Coral South gas field in 2012 and took …

The UK government has provided over US$1.15 billion through UKEF to facilitate the extraction of Mozambique's offshore liquefied natural gas project. www.theexchange.africa

Judge Stuart-Smith said that the UKEF was entitled to view that supporting the project under consideration was in line with obligations under the Paris Climate Change Agreement. He supported the judgement by adding that the UKEF’s view was that the project was in general alignment with Mozambique’s stated climate change policies and was acceptable and not shown to be wrong.

A spokesperson for the UK government was cited by UKEF on March 16, replying to the first judgement by Justice Thornton, saying: “We welcome the judgment and remain confident that UKEF follows robust and internationally recognized due diligence before providing any support for overseas projects.”

Considering that the judges reached no consensus, the Friends of the Earth organization, which mobilized several activists near the court on March 17, said it is awaiting a court order determining the outcome.

The activists and protestants had placards reading “Stop gas funding in Mozambique”, …