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Regional: How floating gas became the feedstock of choice


Issue 345 - 05 May 2017
As hydrocarbons prices have pushed upwards after their slump, a degree of future planning has returned to the global gas market. New liquefied natural gas (LNG) export projects are in prospect, led by Australia and the United States, but with a few schemes in Africa. In Mozambique’s Rovuma Basin, a final investment decision (FID) on Coral LNG, led by Eni and ExxonMobil, is expected by end-2017, for exports to Asia from the early/mid-2020s. As the industry builds up, Mozambique expects a big domestic dividend, with the Rovuma Basin also supplying domestic gas-to-power (GTP) projects.

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