Coral South FLNG project final investment decision draws near

A final investment decision on Eni’s Coral South floating liquefied natural gas project in Mozambique’s Area 4 is expected this quarter, though it had been earmarked for the end of 2016.

In an exclusive interview with Upstream, state oil company ENH’s chief executive Omar Mitha said the project is “pretty much advanced”.

Final investment decisions have been forthcoming from Eni and ENH, while Portugal’s Galp — despite reservations — gave its approval just before Christmas.

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