Eni Plans Second LNG Platform Off Mozambique as Europe Seeks Gas
- First LNG facility is on schedule despite pandemic, insurgency
- Europe is rushing to diversify gas supplies away from Russia
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Eni SpA is planning a second liquefied natural gas production vessel offshore Mozambique that could be built in less than four years to help Europe diversify supplies of the fuel, according to a company executive.
The Italian oil and gas producer’s potential project would complement its $7-billion Coral-Sul FLNG platform moored off Mozambique’s northern coast that’s scheduled to start exporting the fuel this year. If Eni decides to proceed by early 2023, output could begin even before TotalEnergies SE’s $20-billion onshore project that abruptly halted construction last year due to security issues.