Mozambique approves Eni’s Coral plan

In a key step towards a final investment decision for Mozambique’s liquefied natural gas (LNG) scheme, the council of ministers in Maputo has approved the plan of development for Eni’s Coral discovery in offshore Area 4. The approval relates to the first phase, which will develop 5tcf of gas in the discovery, via a 3.4m t/yr floating LNG facility. Eni said the plan of development, the first to be approved in the Rovuma Basin, foresees the drilling and completion of six subsea wells in water depths of 2,000 metres some 80km offshore.