Mozambique claims long-term regional leadership despite financial stress

President Filipe Nyusi was bound to make the most of the announcement that Eni and partners had reached a final investment decision (FID) to develop the $8bn Coral South floating liquefied natural gas (FLNG) project in offshore Area 4; all drilling, construction and installation contracts for the 3.4m t/yr FLNG scheme in the Rovuma Basin were signed to great fanfare in early June.