Related Articles
Report
Forward article link
Share PDF with colleagues

Rovuma exports inch closer

Eni's project in Mozambique should soon get the official go-ahead. Tanzania's progress is much slower

Once upon a time, the development of gas resources in the Rovuma basin was seen as a race between Mozambique and Tanzania. Today, Mozambique has all but sealed the win with a floating liquefied natural gas project almost ready to get a final investment decision. Beyond that, there is little certainty on the projects either side of the maritime border. The Eni-operated Coral South Floating LNG project benefits from being almost entirely offshore, including having won an exemption from needing to supply any gas to Mozambique. Instead, its entire 3.4m tonnes a year of output has been bought by BP over a 20-year period. First gas is targeted for 2023. A consortium of Technip, JGC, and Samsung

Also in this section
Cyprus dreams again
24 May 2017
Developers working offshore the island think they may be about to unlock vast new reserves. Taking them to a depressed market will be much harder
Natural gas still not getting through in Europe
17 May 2017
Coal still beats natural gas in many European markets, notably Germany. This makes no sense, says Wintershall chief executive Mario Mehren
Gazprom's next gas battle
15 May 2017
The Russian giant is ready to defend its market share in Europe and face off the threat of American LNG