Anchored off the turbulent coast of Cabo Delgado, the Coral Sul floating liquefied natural gas (FLNG) platform has quietly achieved a significant milestone, marking its 100th shipment of LNG last week. This floating behemoth, operated by Italian energy giant ENI, has been consistently dispatching roughly one cargo of liquefied natural gas every week since it commenced operations in November 2022.
Mozambique’s National Petroleum Institute (INP) heralded the 100th shipment as a key triumph for the ambitious project. According to the INP, the FLNG has demonstrably met its core objective: the safe and reliable production of liquefied gas, offering a cleaner energy alternative to a world increasingly hungry for it.
Nazario Bangalane, Chairperson of the INP, emphasized that the success of the Coral Sul FLNG extends beyond mere export figures to Asian markets. He highlighted the meaningful integration of Mozambicans into the project’s value chain, contributing tangibly to a secure, economically balanced, and inclusive energy transition for both Mozambique and the global community.
“Furthermore,” declared Bangalane, “this landmark bears witness to the quality of Mozambican gas and its immense energy potential to satisfy a world thirsting for clean energy.”
The Coral Sul FLNG is a testament to international collaboration. Operated by ENI, it represents the Mozambique Rovuma Venture (MRV), a powerful consortium comprising ExxonMobil and the China National Petroleum Corporation (CNPC), holding a 70% stake. The remaining 30% is equally shared by Mozambique’s own National Hydrocarbon Company (ENH), Portugal’s Galp, and South Korea’s Kogas.
This floating powerhouse, defying the challenges of a complex operating environment, is not just pumping gas; it’s pumping hope into Mozambique’s economic future and solidifying its position on the global energy stage. The steady stream of LNG shipments underscores the viability of offshore gas extraction in the region and hints at the vast potential that lies beneath the waves off Cabo Delgado. As the world grapples with energy security and the transition to cleaner fuels, Mozambique’s floating fortune is proving to be a significant player.
