LNG

Italian energy engineering company Saipem has been awarded an additional $150 million Mozambique LNG contract relating to the “Coral-Sul FLNG” vessel, a production hull set to be onstream later in 2022 in the offshore Rovuma Basin.

One of the world’s main liquefied natural gas projects, Mozambique LNG, is threatened with a long-term delay because of growing terrorist attacks by Islamist groups that have led to urgent travel warnings by nations like the US and the UK and with France now stating that a large-scale “humanitarian crisis” could develop.