Terminal News

Eni inaugurates Congo LNG project

Written by...

Picture of Meenal Datar

Meenal Datar

Membership specialist

The President of the Republic of the Congo and the CEO of Italian energy company, Eni, have inaugurated the Congo LNG project. This is the Republic of the Congo’s first natural gas liquefaction project.

The project, made though an accelerated development schedule and a zero-flaring approach, will see the installation of two floating natural gas liquefaction plants (FLNG) at the Nenè and Litchendjili fields.

Claudio Descalzi, Eni’s CEO says: ‘Today we celebrate the launch of one of Eni’s main projects, made possible by the collaboration with the Republic of the Congo and destined to significantly contribute to both Italy and Europe’s energy security and industrial competitiveness. This outcome speaks to the importance of long-term collaboration with our African partners at a time when important strategic choices need to be made in regards to future diversification of supply routes and European energy mixes, in the direction of energy accessibility and availability and progressive decarbonisation.’

The project is expected to reach an overall liquefied natural gas (LNG) production capacity of 3 million tons per year (2.72 million tonnes) (approximately 4.5 billion m3 year) from 2025.

 

Share this article:

Latest terminal news

Two people leaning on desk signing papers
All News

ConocoPhillips Acquires Marathon Oil

ConocoPhillips has completed its acquisition of Marathon Oil. In accordance with the terms of the merger agreement, each share of Marathon Oil common stock was converted into the right to

Read More
All News

BP Reaches FID on Indonesia CCUS Project

BP, on behalf of the Tangguh production sharing contract partners, today announced a final investment decision on the $7 billion Tangguh Ubadari, CCUS, Compression project (UCC), which has the potential

Read More