ITALY PUSHES AHEAD WITH LNG INVESTMENTS, EVEN IF ENI’S MOZAMBIQUE GAS SELLS TO OTHER MARKETS
May 1st, 2017
Italian state-controlled oil and gas producer ENI has cemented its role as a major gas player in Mozambique, after further defining in 2017 the scope of its Coral FLNG (floating liquified natural gas) project in this southern African country. However, doubts are emerging that ENI will actually deliver significant volumes of Mozambique’s huge gas reserves to Italy, and consequentially the rest of Europe, as an alternative and more secure source of natural gas. Rather, the company will seek more profitable destinations – and that could include Africa and ...
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