Italian oil major Eni and its partners in the Area 4 consortium in northern Mozambique have closed the $4.675 billion debt package for the Coral South FLNG project – the first FLNG facility in the world to be project financed. The total cost of the 3.4 million tonne per annum Coral South project, which reached…...

Claudio Descalzi speaking at the Coral FLNG FID ceremony in Maputo, 1 June 2017. Photo © Tom Bowker / Zitamar News