Eni and its project partners have taken a positive FID on the Coral Norte FLNG Project offshore Mozambique, the company announced on Thursday.
The Coral Norte FLNG Project is located offshore Mozambique’s Cabo Delgado province in the Area 4 concession of the gas-rich Rovuma Basin. It will produce LNG from the Coral Norte FLNG vessel, designed with a liquefaction capacity of 3.5 million tonnes per year (tpy) and expected to begin operations in 2028.
Eni received government approval for the project in April 2025. It will be the company’s second FLNG project in Mozambique, following Coral Sul FLNG, which began production and exports from the same concession area in 2022.
“The Coral Norte FLNG Project leverages Eni’s unmatched exploration skills, our trademark fast-track and capital disciplined development capabilities, Mozambique’s vast gas resources and its strategic geographic position,” said Eni CEO Claudio Descalzi.
Eni’s project partners in Coral Norte are China’s CNPC with a 20% interest, Korea’s KOGAS with 10%, Mozambique’s national energy company ENH with 10% and ADNOC’s investment arm XRG with 10%.
Eni has been present in Mozambique since 2006 and has discovered an estimated 2.4 tcm (84.8 tcf) of gas in the Coral, Mamba Complex and Agulha reservoirs of the Rovuma basin
Mozambique is also home to the TotalEnergies-led Mozambique LNG project, which targets the offshore Golfinho and Atum gasfields and will yield 13 million tpy of LNG from a two-train onshore liquefaction facility starting in 2029. The project was halted in 2021 due to security threats from an Islamic State-linked insurgency near the Afungi site and was resumed in July 2025.
Source: theenergyyear.com