Rovuma LNG
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As LNG projects sanctioned earlier this decade come onstream, a shortage of new final and pre-final investment decisions threatens to leave the project pipelines dry at a time when global LNG demand is forecast to surge over the next 15 years.
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While militant attacks halted construction at Mozambique’s onshore megaprojects, Eni began LNG exports using a floating production strategy, which now serves as the foundation for its ongoing development.
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It takes only 3 days for an LNG carrier or oil tanker to reach India from East Africa where Tanzania is destined to become an LNG exporter together with its neighbor Mozambique and a transit point for Ugandan oil exports.
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The Rovuma LNG project in Mozambique was expected to reach FID later this year, with startup in 2025.