Eni greenlights second Congolese LNG project
Rapid-deployment floating developments are a burgeoning part of the sector
Italy’s Eni is going ahead with a second floating LNG (FLNG) project in Congo-Brazzaville, increasing its liquefaction capacity in the African country by a factor of five. Eni expects the second, 2.4mn t/yr unit will begin production in 2025, following the 0.6mn t/yr Tango FLNG project, which is still on pace to start up this year. Both floating units will source their gas from Congo-Brazzaville’s Marine XII block, and the combined 3mn t/yr capacity will be equivalent to more than 4.5bn m³/yr of gas. The Italian firm was already fast-tracking Tango FLNG with the explicit backing of the Italian government. 3mn t/yr – Combined capacity of floating units Eni has also signed a contract w
Also in this section
24 October 2024
Producers in the region see significant gains to be made by boosting output using the infrastructure already in place
23 October 2024
Markets have seen no material disruption from the war so far, but as the fighting goes on it is a matter of when, not if
23 October 2024
Majors in the region are pushing boundaries and could see significant upside, but longer-term risks remain
22 October 2024
Angola is unlikely to meet the official timeline for an IPO of state-owned oil giant Sonangol in 2026