Mozambique's Coral closer to FID after Eni board approval

摘要

Eni's Coral FLNG project off Mozambique stepped closer to a final investment decision as the operator and national oil company ENH both approved the US $8 Bn investment. "The approval of this investment by Eni's board is another fundamental step towards the Final Investment Decision on the project, which will turn effective once all Area 4 partners have approved it and the project financing, which is currently being finalised, has been underwritten," Eni said.