Eni is considering the development of a third floating liquefied natural gas platform off the coast of Mozambique as the energy giant deepens its long-term investment in one of Africa’s largest natural gas reserves. Company executives disclosed the plans during industry discussions on global LNG expansion and African energy development, according to Reuters.
The proposed floating LNG facility would build on Eni’s existing Coral Sul floating LNG project in Mozambique’s Rovuma Basin, which began exports in 2022 and became the first LNG project to start production in the country. Analysts say a third platform could significantly increase Mozambique’s LNG export capacity as global demand for natural gas remains strong, particularly in Europe and Asia.
Mozambique is regarded as one of Africa’s most promising gas producers due to vast offshore reserves estimated at more than 100 trillion cubic feet. However, large-scale energy development in the country has faced delays linked to security concerns, financing challenges, and infrastructure constraints, especially in the northern Cabo Delgado region.
Industry observers note that Eni’s continued expansion plans highlight growing international confidence in Mozambique’s LNG potential despite geopolitical and operational risks. They say additional LNG infrastructure could strengthen Mozambique’s position in global energy markets while boosting government revenues, industrial development, and foreign investment over the long term.
