We first began operations in the country with an interest in Area 4 located in the Rovuma offshore basin, where from 2011 and 2014 we discovered supergiant natural gas resources in the Coral, Mamba and Agulha fields, estimated at 2,400 bilion cubic meters of gas in place, with Coral South being the first project started based on discoveries in the area. Recently, in May 2019, we also acquired exploration and development rights in the A5-B, Z5-C and Z5-D offshore blocks, located in the deep waters of the Angoche and Zambezi basins, with a 10% interest shared with other operators.
In May 2019, the Mozambique Government approved the Rovuma LNG project development plan for the production, liquefaction and marketing of natural gas from three Mamba complex fields located in Area 4, two of which straddle with Area 1. We plan to develop a part of these reserves with an independent but coordinated plan with Total, the operator of the Area 1, to which a part of the non-straddling reserves will be added. Finally, we will build two onshore trains powered by 24 subsea wells for the processing and liquefaction of gas, and the storage and export of LNG with a total capacity of approximately 7.6 million tonnes a year each. Activities for the marketing of LNG are expected to start-up in 2024.
