Low natural gas extraction costs in Mozambique will allow Italian
energy company Eni SpA to produce liquefied natural gas (LNG) from the
country that is very competitive, Chief Executive Officer Claudio
Descalzi said on Wednesday.Descalzi, speaking at IHS CERAWeek in Houston, said the company's LNG
facilities would become operational in Mozambique in 2020. A final
investment decision is expected before the end of 2015."Mozambique is good because the upstream side is not very expensive," he
said. "It is fast and cheap, so it can be very competitive in the
market."He said wells could be brought online in the space of several weeks.In a strategy update earlier this year, Eni said it plans to build an
onshore LNG plant and two floating LNG plants in its giant Mamba field,
with a combined capacity of 10 million tonnes per annum.Mozambique, one of Africa's poorest countries, wants to begin lucrative
exports before a wave of new supply from rivals enters the market.
0 comentários:
Post a Comment