Mozambique’s government in April approved the development plan for the Coral North floating platform, which will produce 3.5 million metric tons of LNG a year once operational.<\/p>\n
Eni’s Chief Executive Officer Claudio Descalzi is expected to attend Thursday’s signing ceremony along with Mozambique President Daniel Chapo, the sources said.<\/p>\n
Coral North will double existing LNG production from the southern African country’s offshore Rovuma Basin.<\/p>\n
Eni’s first floating LNG platform, Coral South, started exports from Mozambique in 2022.<\/p>\n
Eni’s projects, far out into the ocean, have not been affected by the security delays that have blighted onshore LNG terminals being developed by other global energy companies TotalEnergies and Exxon Mobil.<\/p>\n
–Reuters–<\/p>\n","protected":false},"featured_media":12463,"template":"default||default||default||default||default||default||default||default","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-12462","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"Italian energy group Eni is expected to agree a final investment decision (FID) for Mozambique's second floating liquefied natural gas (LNG) platform at an event in the capital Maputo on Thursday, two sources familiar with the matter told Reuters.||Italian energy group Eni is expected to agree a final investment decision (FID) for Mozambique's second floating liquefied natural gas (LNG) platform at an event in the capital Maputo on Thursday, two sources familiar with the matter told Reuters.||Italian energy group Eni is expected to agree a final investment decision (FID) for Mozambique's second floating liquefied natural gas (LNG) platform at an event in the capital Maputo on Thursday, two sources familiar with the matter told Reuters.||Italian energy group Eni is expected to agree a final investment decision (FID) for Mozambique's second floating liquefied natural gas (LNG) platform at an event in the capital Maputo on Thursday, two sources familiar with the matter told Reuters.||Italian energy group Eni is expected to agree a final investment decision (FID) for Mozambique's second floating liquefied natural gas (LNG) platform at an event in the capital Maputo on Thursday, two sources familiar with the matter told Reuters.||Italian energy group Eni is expected to agree a final investment decision (FID) for Mozambique's second floating liquefied natural gas (LNG) platform at an event in the capital Maputo on Thursday, two sources familiar with the matter told Reuters.||Italian energy group Eni is expected to agree a final investment decision (FID) for Mozambique's second floating liquefied natural gas (LNG) platform at an event in the capital Maputo on Thursday, two sources familiar with the matter told Reuters.||Italian energy group Eni is expected to agree a final investment decision (FID) for Mozambique's second floating liquefied natural gas (LNG) platform at an event in the capital Maputo on Thursday, two sources familiar with the matter told Reuters.","published_date":"2025-10-01 00:00:00||2025-10-01 00:00:00||2025-10-01 00:00:00||2025-10-01 00:00:00||2025-10-01 00:00:00||2025-10-01 00:00:00||2025-10-01 00:00:00||2025-10-01 00:00:00","news_description":"Italian energy group Eni is expected to agree a final investment decision (FID) for Mozambique's second floating liquefied natural gas (LNG) platform at an event in the capital Maputo on Thursday, two sources familiar with the matter told Reuters.||Italian energy group Eni is expected to agree a final investment decision (FID) for Mozambique's second floating liquefied natural gas (LNG) platform at an event in the capital Maputo on Thursday, two sources familiar with the matter told Reuters.||Italian energy group Eni is expected to agree a final investment decision (FID) for Mozambique's second floating liquefied natural gas (LNG) platform at an event in the capital Maputo on Thursday, two sources familiar with the matter told Reuters.||Italian energy group Eni is expected to agree a final investment decision (FID) for Mozambique's second floating liquefied natural gas (LNG) platform at an event in the capital Maputo on Thursday, two sources familiar with the matter told Reuters.||Italian energy group Eni is expected to agree a final investment decision (FID) for Mozambique's second floating liquefied natural gas (LNG) platform at an event in the capital Maputo on Thursday, two sources familiar with the matter told Reuters.||Italian energy group Eni is expected to agree a final investment decision (FID) for Mozambique's second floating liquefied natural gas (LNG) platform at an event in the capital Maputo on Thursday, two sources familiar with the matter told Reuters.||Italian energy group Eni is expected to agree a final investment decision (FID) for Mozambique's second floating liquefied natural gas (LNG) platform at an event in the capital Maputo on Thursday, two sources familiar with the matter told Reuters.||Italian energy group Eni is expected to agree a final investment decision (FID) for Mozambique's second floating liquefied natural gas (LNG) platform at an event in the capital Maputo on Thursday, two sources familiar with the matter told Reuters.","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/12462","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/12462\/revisions"}],"predecessor-version":[{"id":18058,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/12462\/revisions\/18058"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/12463"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=12462"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=12462"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}