UK considers withdrawing $1-billion financing for Mozambique LNG
Mozambique: Cabo Delgado businesses want to make the most of FLNG platform – Lusa
8:57 CAT | 11 Jan 2022
Image: TVM
Businesspeople from Cabo Delgado province, in northern Mozambique, are considering setting up business centres to accommodate others coming back because of the arrival of the floating platform for natural gas exploitation in the Rovuma Basin.
“We are working with the possibility of setting up infrastructures to rent to businesspeople who will come to do business,” Mamudo Irache, president of CTA – Confederation of Economic Associations of Mozambique in Cabo Delgado, said at a press conference in Pemba.
The floating platform arrived in Mozambique on Monday, January 3, 2022.
Like a giant, the 432-metre long ship left the shipyards of Samsung’s industrial division in Geoje, South Korea, on 15 November and crossed the Indian Ocean towards the Cabo Delgado coast. The platform has storage tanks in the hull and 13 modules above them, including a liquefaction plant, an eight-storey module where 350 people can live, and a runway for helicopters.
Read: Floating platform anchored off Cabo Delgado coast
“As local entrepreneurs, we have a lot of expectations,” Mamudo Irache stressed, adding that food production is going to be one of the priorities of the local business community to take advantage of the infrastructure opportunities.
The platform will be linked to six wells and extract the gas to a factory onboard that will cool it, liquefying it so that it can be transported in cargo ships, which will be fuelled right there, side by side, on the high seas, and then take the fuel to the destination countries to produce electricity, heating or other purposes.
Area 4 is operated by Mozambique Rovuma Venture (MRV), a joint venture co-owned by ExxonMobil, Eni and CNPC (China), which holds a 70% participating interest in the concession contract.
Galp, Kogas (South Korea) and Empresa Nacional de Hidrocarbonetos (Mozambique) each have a 10% stake.
Read:
Source: Lusa
Show comments
Also read
Leave a Reply
Be the First to Comment!
You must be logged in to post a comment.
You must be logged in to post a comment.