The Italian oil company Eni reaffirms its readiness to go ahead with the construction of the second floating platform for the extraction of natural gas in the deep waters of the Rovuma basin, in Cabo Delgado, northern Mozambique.
This is due to the Coral Sul FNLG project, considered a success by operators and the Mozambican government.
The information was recently revealed by the general manager of Eni Rovuma Basin, Marica Calabrese, in an interview with Energy Connect, a platform that manages information on hydrocarbon exploration worldwide.
‘After the success of Coral South, we are ready to launch the Coral North project. Eni has a lot of faith in this country and this will be the start of another success,’ she said.
According to the source, quoted by Energy Connect, Eni and Empresa Nacional de hidrocarbonetos de Moçambique (ENH) have signed a contract for a new offshore block in the Angoche basin, to capitalise on the new era of industrialisation, in a context in which Mozambique’s energy potential places the country at the forefront of global energy investments.
According to Marica Calabrese, as Eni develops its infrastructure Mozambique should play a key role in meeting future energy demand through the projects currently underway.
‘The country’s readiness and commitment to energy development make it a key player in the global energy transition. We have to deliver Mozambique’s sustainable energy future,’ he said.
He said that Mozambique is emerging as a key player on the global energy scene, thanks to its rich reserves of natural resources, including natural gas and renewable energies.
As the world shifts towards cleaner and more sustainable energy, the country is positioning itself at the centre of the transformation, ensuring that its energy projects are ready and fully implemented to meet the growing demands of the domestic, regional and global markets.
It recalls that at COP28 in Dubai, Mozambican President Filipe Nyusi said ‘Mozambican’s 80 billion dollar energy transition strategy will leverage the country’s vast renewable resources to position the country as a sustainable investment destination and provide energy to its people’.
It is hoped that, in a decarbonised future, Mozambique will continue to grow and meet the needs of the half of its population that does not have access to electricity, taking advantage of the abundant renewable and natural resources to accelerate the trajectory of low-carbon socio-economic development.
It is worth remembering that, just this year, Carlos Zacarias, the Mozambican Minister of Mineral Resources and Energy, presented a strategy to boost the economy by taking advantage of its natural gas reserves, along with the implementation of various hydro, wind and solar projects.
According to the minister, some projects are already underway, such as the Mphanda Nkuwa Dam, which has attracted international interest and will provide a diversified energy mix.
He explained that Mozambique’s energy transition could be based on four strategic pillars, namely expanding clean energy capacity through wind, hydroelectric and solar power projects to offset the predominance of fossil fuels.
It includes green industrialisation through integrated projects around industrial corridors such as the Nacala corridor, accelerating universal access to energy by 2030 through solutions such as clean cooking and solar mini-grids, promoting green mobility, introducing electric vehicles, as well as increasing the number of natural gas-powered vehicles and promoting biofuels.
It should be noted that in August this year, Eni, as operator of Area 4, on behalf of its partners, namely CNPC, GALP, KOGAS and ENH, celebrated the production of five million tonnes of LNG from the Coral South FLNG, located in the ultra-deep waters of the Rovuma Basin, off the Mozambican coast.
For the partners, this is a significant milestone for the project and represents not only a major technical and operational achievement, but also proof of the dedication, commitment and collaboration of the entire team and stakeholders.
AIM
