LNG

July 28 (LNGJ) - Italian energy company Eni posted adjusted overall second-quarter net profit of 463 million euros ($541M) compared with a loss of 317 euros in the same quarter of last year. Eni said one of its quarterly highlights was the signed of construction contracts for the Coral floating LNG project in Area 4 offshore Mozambique. Eni worldwide natural gas sales in the three months were down at 18.63 billion cubic metres compared with 20.48 Bcm in the year-ago quarter. “Sales in the European markets (7.34 Bcm) decreased by 23.2 percent, reflecting lower sales in Germany, Benelux and France, partly balanced by higher volumes sold in Turkey and in the UK,” said Eni.