Eni to sign off on Mozambique gas project this week

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May 30, 2017/Reuters

Italian energy company Eni will complete its long-awaited final investment decision on a large liquefied natural gas (LNG) project offshore Mozambique this week, a spokeswoman said on Tuesday.

The Coral South project will require the construction of six subsea wells connected to a floating production facility capable of producing more than 3.3 million tonnes of LNG per year.

(Reporting by Joe Brock; Editing by James Macharia)

 

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