The launch marks the timely progress of the project, which exceeds 60% completion and is in line with production start up by 2022.
The Coral South LNG project, for its size, quality of resources and geographical position, will transform Mozambique’s economy and is a further significant achievement for Eni operatorship capabilities.
Eni and the Government of Mozambique strengthen cooperation for sustainable development and decarbonisation
The Minister of Mineral Resources and Energy of Mozambique Ernesto Max Tonela and Eni Chief Executive Officer Claudio Descalzi signed a Memorandum of Understanding for the definition of sustainable development and decarbonisation projects.
During the comprehensive meeting, Paolo Scaroni illustrated the progress made in terms of exploration; following the completion of 11 wells, with a success rate of 100%, Eni will drill two additional wells in 2014.