By Arnaldo Cuamba
Eni has started installation works on the hull of the Coral Sul floating liquefied natural gas (FLNG) treatment and liquefaction unit that will be moored offshore in Cabo Delgado, Mozambique. The unit is part of the Coral South project, which will put in production 450 billion cubic meters of gas from the giant Coral reservoir. The hull is expected to be launched in 2020, in line with the planned production startup of the Coral South Project in 2022.
The italian company sanctioned its Coral South project in June 2017 and achieved financial close for a total amount of around $4.7 billion for the Coral South FLNG multi-sourced project financing in December 2017.
The Coral Sul FLNG facility will have a gas liquefaction capacity of 3.4 million tons per year when completed and will be the first FLNG vessel ever to be deployed in the deep waters of the African continent. The vessel, which will be 432 metres long and 66 metres wide and weigh about 220,000 tons, will be able to house up to 350 people in its eight-storey accommodation module.
Alongside the LNG infrastructure under construction, the Coral South project also includes a number of initiatives aimed at enhancing the overall capabilities of the local workforce. These include specialized training activities for over 800 Mozambicans, who will eventually be employed during the operational phase of the project.
Eni is planning to anchor a second FLNG vessel using gas from the northern part of the Coral field, which is estimated to hold 16 trillion cubic feet of gas, but FID on that project is not expected until after 2020.