<h1>Coral/Coral South Gas Project,Mozambique</h1>
<h2>Overview</h2>
<p>Coral/Coral South Gas Project is an operating offshore gas project in the Rovuma Basin,offshore Cabo Delgado,Mozambique. The project develops gas from the Coral reservoir in Area 4 and produces LNG via the Coral Sul floating liquefied natural gas unit. The development is operated by Eni. First LNG production and cargo were achieved in 2022,marking Mozambique's entry into global LNG exports. The project uses a floating liquefaction concept,with a reported liquefaction capacity of approximately 3.4 million metric tons per year.</p>
<h2>Quick Facts</h2>
<table>
<tbody><tr><th>Item</th><th>Details</th></tr>
<tr><td>Project Name</td><td>Coral/Coral South Gas Project</td></tr>
<tr><td>Country</td><td>Mozambique</td></tr>
<tr><td>Fuel Type</td><td>Gas</td></tr>
<tr><td>Production Type</td><td>Conventional</td></tr>
<tr><td>Status</td><td>Operating</td></tr>
<tr><td>Status Year</td><td>2022</td></tr>
<tr><td>Operator</td><td>Eni</td></tr>
<tr><td>Owner(s)</td><td>Mozambique Rovuma Venture S.p.A. interest holders; Empresa Nacional de Hidrocarbonetos EP; Korea Gas Corp; XRG; other Area 4 partners</td></tr>
<tr><td>Parent Company</td><td>Eni SpA; Exxon Mobil Corp; China National Petroleum Corp; Empresa Nacional de Hidrocarbonetos EP; Korea Gas Corp; XRG</td></tr>
<tr><td>Discovery Year</td><td>2012</td></tr>
<tr><td>Final Investment Decision Year</td><td>2017</td></tr>
<tr><td>Production Start Year</td><td>2022</td></tr>
<tr><td>Onshore/Offshore</td><td>Offshore</td></tr>
<tr><td>Basin</td><td>Rovuma</td></tr>
<tr><td>Block(s)</td><td>Area 4</td></tr>
</tbody></table>
<h2>Location and Basin</h2>
<p>The project is located offshore northern Mozambique in Area 4 of the Rovuma Basin. The Rovuma Basin is a major offshore gas province. Coral South develops the southern part of the Coral field,discovered in 2012.</p>
<h2>Operator and Ownership</h2>
<p>Coral South is operated by Eni as the delegated operator of the Area 4 consortium. The Area 4 partnership includes Eni,ExxonMobil,CNPC,Galp (later acquired by ADNOC),KOGAS,and ENH. Ownership interests are held through Mozambique Rovuma Venture S.p.A. and other Area 4 participants.</p>
<h2>Development History</h2>
<table>
<tbody><tr><th>Milestone</th><th>Year or Date</th><th>Details</th></tr>
<tr><td>Discovery Milestone</td><td>2012</td><td>The Coral field discovery was confirmed in Area 4 of the Rovuma Basin.</td></tr>
<tr><td>Development Milestone</td><td>2016</td><td>Eni identifies Coral South project activity beginning in 2016.</td></tr>
<tr><td>Final Investment Decision Milestone</td><td>2017</td><td>The Area 4 consortium ratified the final investment decision for the Coral South FLNG project in June 2017.</td></tr>
<tr><td>Production Milestone</td><td>2022</td><td>Coral South produced first LNG volumes and exported Mozambique’s first LNG cargo in 2022.</td></tr>
<tr><td>Recent Status Milestone</td><td>2025</td><td>Eni reported that Coral South FLNG had reached its 100th LNG cargo milestone in 2025.</td></tr>
</tbody></table>
<h2>Production and Reserves</h2>
<p>The Coral Sul FLNG unit has a liquefaction capacity of approximately 3.4 million metric tons of LNG per year. Eni states that the project will produce about 450 billion cubic meters of gas from the Coral reservoir. First cargo was in November 2022,and by April 2025,100 cargoes had been exported. The project is export-oriented.</p>
<h2>Recent Developments</h2>
<p>In 2024,ADNOC acquired a 10% stake in Area 4 from Galp. In 2025,the 100th LNG cargo milestone was reached. In 2025,Eni and partners approved the Coral North FLNG project,a second floating LNG development in Area 4.</p>
<h2>Sources</h2>
<ul>
<li><a href="https://www.gem.wiki/Coral/Coral_South_Gas_Project_(Mozambique)" rel="nofollow noopener" target="_blank">Global Energy Monitor,Coral/Coral South Gas Project</a></li>
<li><a href="https://www.eni.com/en-IT/actions/global-activities/mozambique/coral-south.html" rel="nofollow noopener" target="_blank">Eni,Coral South project in Mozambique</a></li>
<li><a href="https://www.eni.com/en-IT/actions/global-activities/mozambique.html" rel="nofollow noopener" target="_blank">Eni,Our activity in Mozambique</a></li>
<li><a href="https://www.eni.com/en-IT/media/news/2025/04/eni-celebrates-100th-cargo-lng-coral-south-flng.html" rel="nofollow noopener" target="_blank">Eni,Coral South FLNG 100th LNG cargo announcement</a></li>
<li><a href="https://www.eni.com/en-IT/media/press-release/2022/11/eni-coral-first-cargo.html" rel="nofollow noopener" target="_blank">Eni,Mozambique’s first LNG cargo departs from Coral Sul FLNG</a></li>
<li><a href="https://investor.exxonmobil.com/company-information/press-releases/detail/5/coral-south-project-in-mozambique-ships-first-lng-cargo" rel="nofollow noopener" target="_blank">ExxonMobil,Coral South Project in Mozambique ships first LNG cargo</a></li>
<li><a href="https://www.galp.com/corp/en/investors/publications-and-announcements/investor-announcements/investor-announcement/id/721/coral-south-final-investment-decision" rel="nofollow noopener" target="_blank">Galp,Coral South final investment decision</a></li>
<li><a href="https://www.reuters.com/business/energy/adnoc-makes-first-foray-into-mozambique-with-10-stake-galp-concession-2024-05-22/" rel="nofollow noopener" target="_blank">Reuters,ADNOC acquires stake in Mozambique Area 4 concession</a></li>
<li><a href="https://www.reuters.com/business/energy/eni-takes-final-investment-decision-second-floating-lng-unit-offshore-mozambique-2025-10-02/" rel="nofollow noopener" target="_blank">Reuters,Eni approves second floating LNG unit offshore Mozambique</a></li>
<li><a href="https://www.nsenergybusiness.com/projects/coral-south-flng-project-mozambique/" rel="nofollow noopener" target="_blank">NS Energy,Coral South FLNG Project,Mozambique</a></li>
</ul>

IEPTC reference profile for Coral/Coral South Gas in Mozambique,covering asset type,location,development status,and upstream industry context.

Coral/Coral South Gas Project,Mozambique

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Coral/Coral South Gas Project,Mozambique

Coral/Coral South Gas Project,Mozambique

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