ExxonMobil and other Area 4 partners have achieved the milestone of shipping the first cargo of liquefied natural gas (LNG) from the US$8bn Coral South floating LNG (FLNG) project located offshore Mozambique.
The milestone follows the production of the first LNG volumes by the Coral South project in early October 2022 after the on-schedule start-up of the FLNG vessel, which is also called Coral Sul.
The Coral South FLNG project is anticipated to produce 450bn cubic metres of natural gas drawn from the Coral gas field in the Rovuma Basin. The facility will liquefy 3.4m metric tons per annum of gas for transport.
The project is also the first development in the Rovuma Basin to be brought into production. Located at a water depth of nearly 2,000m, the FLNG vessel produces through six subsea wells.
Eni is the operator of the Coral South project. The Italian firm is also the upstream delegated operator of the Area 4 consortium, which also includes ExxonMobil, CNPC, Kogas, Galp and Empresa Nacional de Hidrocarbonetos (ENH).
The FLNG project was sanctioned in 2017 and has been brought on stream within the initial budget and schedule in spite of the disturbances resulting from the COVID pandemic.
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