Mozambique Oil & Gas: Area 4 Secure Enought Offtake Commitments for the Rovuma LNG Project

Mozambique Oil & Gas: Area 4 Secure Enought Offtake Commitments for the Rovuma LNG Project

Area 4 co-venture participants have secured liquefied natural gas (LNG) offtake commitments from affiliated buyer entities of the partners, a key milestone enabling the participants to rapidly move toward a final investment decision in 2019 on the first phase of the Rovuma LNG project.

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Mozambique Oil & Gas: South Korean quartet boasts major role in Coral South FLNG project

The Export-Import Bank of Korea (Korea Eximbank) said it will provide $1 billion in project financing for the Eni-led Coral South FLNG project offshore Mozambique. In addition to Korea Eximbank’s $1 billion, Korea Trade Insurance Corporation (K-sure) will provide $0.8 billion, making up 22.5 percent of total project costs or 36 percent of project finance.

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Mozambique Oil & Gas: Gas distribution network in Maputo almost complete

The construction of a gas distribution network in Maputo and Marracuene, southern Mozambique, is almost finished, the consortium of national oil company ENH and Kogas said Tuesday in Maputo. “Thirteen kilometres of the gas pipeline have already been built, corresponding to a degree of implementation of 89 percent and the remaining work will be completed this month, if no unforeseen technical or weather situations occur,” the consortium said in a statement.

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Mozambique Oil & Gas: Eni and Kogas sign cooperation agreement on upstream and LNG activities

Eni signed today a cooperation agreement with Korea Gas Corporation (KOGAS) to further strengthen their relationship in a number of areas, particularly in the upstream and LNG sectors. The agreement will allow the companies to jointly pursue opportunities worldwide.

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Mozambique Oil & Gas Industry: Local professionals receive natural gas training

Eighteen Mozambicans will benefit from a training course on the natural gas industry, taking place in South Korea, the Korean International Cooperation Agency (KOICA) said in a statement. The course, organised by KOICA in partnership with the South Korean state-owned Korea Gas Corporation (Kogas), runs from 19 October to 7 November and aims to give an overview of the development of the natural gas industry and provide basic technical expertise on natural gas and related…

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 Global Mining: Ore production in China increased 7% in June

  China, the biggest global consumer of iron ore, produced 139.3 million tons of raw steel in June, up 7.3% compared with the same month last year, according to government data released on Thursday.   The total production in the first six months of the year reached 710.6 million tons, according to data from the national statistics office. See the chart above:

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