Browsing: Coral South FLNG

The Mozambican government has promoted the director of projects and development at petroleum regulator INP to the post of chairman, taking the place of Carlos Zacarias who was appointed minister of mineral resources and energy in March

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Mozambique’s national oil company, ENH, could be burdened with more than $700m of unpaid debt when the Coral South FLNG project reaches the end of its economic life, if the Exxon-led Rovuma LNG project does not move ahead, according to recent analysis by the World Bank

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A new report shows that government revenue from Coral South FLNG is likely to be $11.6bn over the life of the project, well below previous projections – and that significant revenue won’t reach the government until the 2030s

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