Saturday, November 23, 2024

Eni, the Italian LNG company, is preparing a second floating LNG plant for Congo

November 23, 2024

Eni, the Italian energy company, announced on Saturday that it had launched in the shipyard of Wison Heavy Industry in Nantong in China the hull of Nguya Floating Liquefied Natural Gas facility, which will be deployed off the coast of the Republic of Congo.

ENI announced that the FLNG would have a liquefaction capability of 2.4 millions tons per year (MTPA). This will complement Tango FLNG which is currently operational and has a 0.6 MTPA capacity.

It said that the combination of both will bring the total liquefaction capability of the Congo LNG Project to 3 MTPA at the end of 2025.

Eni signed a 2022 contract with China’s Wison Heavy Industries to build an FLNG unit offshore the Republic of Congo in order to increase LNG exports and production from this African country.

This is the second FLNG that has been deployed in the Republic of Congo.

Eni announced that in February of this year the Republic of Congo had exported its first LNG cargo to Italy. This made the country a major energy exporter.

In a statement, Guido Brusco said that Eni, the chief operating officer of Global Natural Resources for Eni, was the first company to recognize the value in Congo's natural gas. It is primarily used for power generation in the country, but also for export.

(source: Reuters)

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