The first shipment of LNG produced from the Coral gas field, in the ultra-deep waters of the Rovuma Basin (Mozambique), has departed from the Coral Sul Floating Liquefied Natural Gas (FLNG) plant. Coral Sul FLNG has a gas liquefaction capacity of 3.4 Mt/year (4.6 bcm/year) and will produce LNG from the 450 bcm of gas of the Coral reservoir. The project was sanctioned in 2017.
Area 4 is operated by Mozambique Rovuma Venture (MRV), an incorporated joint venture owned by Eni, ExxonMobil and CNPC, which holds a 70% interest in the Area 4 exploration and production concession contract. In addition to MRV, the other shareholders in Area 4 are Galp, KOGAS and ENH, each with a 10% participation interest. Eni is the Delegated Operator for the Coral South project and all Upstream activities in Area 4.