Coral South LNG
Cost: $4.67 billion
Location: Offshore Mozambique

Africa’s offshore hydrocarbon potential has long been talked about, but the Coral South LNG project off the coast of Mozambique is putting this talk to the test.
    It is estimated that the Coral field holds upwards of 450 billion cubic metres of gas. With such sizeable reserves on offer it’s no wonder that oil majors have rushed to get involved. At present Eni East Africa serves as chief operator, holding a 50% operating interest in the field. Others involved in the project include KOGAS, Galp Energia and Empresa Nacional de Hidrocarbontres.
    From 2022, once completed, a FPSO will produce over 3.4 million tons of gas per year. All of which will be purchased by BP which has bought the rights to purchase 100% of the gas produced from the Coral South field for the next 20 years.