Coral South LNG
Dec 24 (LNGJ) - The “Coral-Sul FLNG” vessel, the floating LNG hull to be deployed in Mozambique in southeast Africa, is scheduled to arrive on January 5, 2022, in the offshore Rovuma Basin from the Samsung Heavy Industries shipyard in Geoje in South Korea, according to shipping data. The vessel is shown currently off the Indian Ocean island nation of Mauritius.
Italian energy company Eni is the operator of the Mozambique Rovuma Basin Area 4 licence. The other partners are ExxonMobil Corp., China National Petroleum Corp., Galp of Portugal, Korea Gas Corp. and Mozambique’s Empresa Nacional de Hidrocarbonetos (ENH), the state energy company.
Swiss-Swedish company ABB wins Mozambique LNG contract to help achieve first exports by 2024
ABB, the Swiss-Swedish power and systems company, said it was awarded a key contract for the Mozambique LNG export project in southeast Africa being developed by French energy major Total.
European major Total crowns Mozambique LNG funding with substantial gas discovery offshore Egypt
Three European energy majors and prominent LNG market participants, Total, BP and Eni have confirmed a substantial East Mediterranean natural gas discovery in the North El Hammad block located 11 kilometres offshore Egypt.
Total said that along with its partners, BP of the UK and Eni of Italy, the Bashrush well in the North El Hammad licence area encountered 102 metres net gas pay in high quality sandstones of the Abu Madi formation.
“A production test was conducted with flow rates of up to 32 million standard cubic feet of gas per day, limited by testing facilities,” said Total.
“It is estimated that future deliverability per well will be up to 100 MMscf per day, along with up to 800 barrels of condensate per day,” explained the Paris-based company.
“Future plans foresee development through tie-in to nearby existing infrastructures,” stated Total.
Kevin McLachlan, Senior Vice President Exploration at Total, said the discovery was a boost for the company, whose most prominent venture at the moment is the fully funded Mozambique LNG export project in southeast Africa,
“We are very pleased to announce this discovery in Egypt. These results support our strategy to allocate a significant share of our exploration budget to the search of hydrocarbons in the vicinity of existing infrastructures,” added McLachlan.
“These resources have low development costs since they can rapidly be tie-in and put into production,” he stated.
Total holds a working interest of 25 percent in the North El Hammad licence, alongside operator Eni with 37.5 percent and BP with 37.5 percent.
Total confirmed in July 2020 that full project financing was in place for the Mozambique LNG project using Area 1 feed-gas in the Rovuma Basin.
The joint venture companies in Mozambique have signed a $14.9-billion senior debt financing agreement proposed to construct a two-Train liquefaction plant with a total capacity of 13.1 million tonnes per annum.
Total said that the Mozambican venture represented a total post-financial investment decision outlay of $20Bln.
The Area 1 shareholding has Total as operator with a 26.5 percent participating interest alongside ENH with 15 percent.
Japan’s Mitsui & Co. owns 20 percent, India’s ONGC Videsh, Bharat PetroResources and Beas Rovuma Energy each hold 10 percent and Thailand’s PTTEP 8.5 percent.
Sasol expected to sell stake in 860km natural gas pipeline from LNG nation Mozambique to South Africa
Sasol, the South African petrochemicals and fuel company, has appointed investment banking advisers to sell its stakes in a power plant in Mozambique and a natural gas pipeline running from the southeast African future LNG exporter into South Africa.
