Mozambique Gas Plan On Track Despite Violence: Eni
Italian energy company Eni on Monday said that an offshore gas project in Mozambique's insurgent-hit north was still on track to start operating in 2022 despite the unrest
Johannesburg, (APP - UrduPoint / Pakistan Point News - 21st Jun, 2021 ) :Italian energy company Eni on Monday said that an offshore gas project in Mozambique's insurgent-hit north was still on track to start operating in 2022 despite the unrest.
The deadly raid on the projects' operational hub forced French oil giant Total to suspend work on a massive $20 billion (16.8 billion Euros) LNG project -- the biggest single investment in Africa -- declaring a "force majeure" and evacuating all staff.
But Eni, who launched its own LNG project in the area in 2016, said the insurgency had not affected operations.
"Startup of the Coral South project is confirmed in 2022 as per scheduled," an Eni spokesperson told AFP in an emailed response to a query on Monday, without providing further detail.
The completed project is to consist of six subsea wells connected to a floating LNG plant with a production capacity of 3.
4 million tonnes, according to Eni's website.
Mozambique has set high hopes on vast natural gas reserves discovered in its Cabo Delgado province in recent years, attracting major international companies.
It has not yet indicated when its operations may resume.
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