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Samsung Heavy Industries Advances Construction of Second Floating Platform in Rovuma Basin

Samsung Heavy Industries Advances Construction of Second Floating Platform in Rovuma Basin

Mozambique could have a second floating platform for liquefied gas extraction in the Rovuma basin in the next few years, the result of an agreement signed between South Korean company Samsung Heavy Industries and the Mozambican government during the visit of the head of state to that country, the newspaper O País reported on Monday 3 June.

According to the newspaper, on his arrival Filipe Nyusi met with the vice-president of Samsung Heavy Industries, Young Kyu Han, and the two agreed that the company would build a second floating liquefied gas exploration platform, after the first one already installed in Cabo Delgado.

According to the company’s vice-president, the platform will be built in coordination with Technique of France – a company dedicated to providing services in the area of hydrocarbon research and exploration – JDC of Japan, which specialises in offshore drilling, and will have the capacity to produce 3.4 million metric tonnes per year.

The start of construction is dependent on the Mozambican government approving the development plans. ‘We are looking forward to the opportunity of being able to build a second floating LNG platform for Mozambique. We’re waiting for the government to approve the development plan. If it is approved this semester, by the third quarter of 2024 we could already be thinking about starting to build this platform,’ he explained.

On other topics discussed with the head of state, Young Kyu Han said that they had discussed the possibility of working together in Mozambique, especially in heavy industry. Samsung is a company that builds boats, floating platforms, Floating Production, Storage and Offloading Units (FPSOs), among other things.

Also on the first day, the Mozambican President met with the CEO of DAEWO, a company included in the gas exploration project, which plans to invest in infrastructure. The head of state also received a delegation from Kogas, with whom he reviewed various co-operation projects.

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