MILAN Dec 12 The head of Italian oil and gas
group Eni met the President of Mozambique on Wednesday
to discuss the gas export infrastructure in the country which
the company needs to develop the country's major new offshore
In a statement Eni said liquefied natural gas (LNG) export
facilities and the supply of gas for domestic power generation
were among the issues discussed by Chief Executive Paolo Scaroni
and Armando Guebuza.
Mozambique has estimated that the Rovuma basin, home to the
gas finds made by Eni and Houston-based Anadarko, has
150 trillion cubic feet of gas.
LNG plants are crucial for exporting the gas to
energy-hungry markets in Asia, including China and India and Eni
and Anadarko have talked about jointly developing two LNG trains
to export first gas in 2018-2019.
Eni has 70 percent of the giant Mamba field which it is
looking to develop with Portugal's Galp Energia,
Korea's KOGAS and Mozambique's state-owned ENH.
Earlier this month a source close to the company told
Reuters Eni is in early talks with other companies like Shell
and Exxon as well as some large LNG buyers to
sell down its stake to help spread the costs and risks.
Last week Eni announced further discoveries at Mamba with
two new delineation wells to take the full potential of the
Mamba geological complex to 75 tcf of gas in place.