Coral North FLNG Terminal

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Coral North FLNG Terminal, also known as Coral Norte FLNG Terminal, is a proposed LNG export terminal in Mozambique.

Location

Table 1: Location details

Name Location Coordinates (WGS 84)
Coral North FLNG Terminal Coral Gas Field, Rovuma Basin, Cabo Delgado, Mozambique[1] -10.9, 41.2 (approximate)

The map below shows the approximate location of the terminal:

Loading map...

Project Details

Table 2: Infrastructure details

mtpa = million tonnes per year
Name Facility type Status Capacity Total terminal capacity Offshore Associated infrastructure
Coral North FLNG Terminal export[1] proposed[2] 3.4 mtpa[3] 3.4 mtpa True Rovuma Basin[3]

Table 3: Cost

Name Facility type Cost Total known terminal costs
Coral North FLNG Terminal export[1] US$7,200,000,000[4] US$7,200,000,000

Financing

No financing data available.

Table 4: Project timeline

FID = Final Investment Decision, used by some developers to indicate a project will move forward
Name Facility type Status Proposal year FID year Construction year Operating year Inactive year
Coral North FLNG Terminal export[1] proposed[2] 2022[2] 2025 (FID)[5] – 2028[3][4] –

Ownership

Table 5: Ownership

Name Facility type Status Owners Parent companies Operator
Coral North FLNG Terminal export[1] proposed[2] China National Petroleum Corp [20%]; Eni SpA [25%]; Abu Dhabi National Oil Co [10%]; Exxon Mobil Corp [25%]; KOGAS Canada Ltd [10%]; Empresa Nacional de Hidrocarbonetos EP [10%][1][6][1][6][1][6][1][6][1][6][1][6] Eni SpA [25.0%]; Exxon Mobil Corp [25.0%]; China National Petroleum Corp [20.0%]; Abu Dhabi National Oil Co [10.0%]; Empresa Nacional de Hidrocarbonetos EP [10.0%]; Korea Gas Corp [10.0%] Eni[1]

Background

In July 2022, the oil and gas publication Upstream reported unconfirmed speculation that Eni was considering the possibility of deploying a second floating liquefied natural gas vessel in Mozambique. A company spokesperson said: "Eni and its partners are actively evaluating all technical solutions to allow timely production of Mozambique's considerable gas resources."[7]

In June 2023, AllAfrica reported that Eni was planning to build the project, known as Coral North, as a duplicate of the Coral South FLNG Terminal project. Coral North FLNG Terminal will be anchored 10 kilometers from the Coral South platform. The project will have a capacity of 3.37 mtpa and is expected to cost US$7.2 billion. The original start date was 2027.[8][9]

In March 2024, one of the project's contractors, Technip Energies, said the project could potentially reach a final investment decision (FID) in late 2024.[10]

In May 2024, the United Arab Emirates' ADNOC announced it had acquired Galp's 10% stake in the Area 4 concession of the Rovuma Basin, granting it a 10% stake in Rovuma LNG Terminal, Coral South FLNG Terminal, and Coral North FLNG Terminal.[11]

In April 2025, the FLNG project received approval from Mozambique's government, moving the project closer to a 2025 FID. The start-up date was pushed to 2028.[8] The same month, it started the bidding process for two significant contracts on the project. In June 2025, Eni said it had received positive feedback from potential investors.[12][13]

Eni announced the final investment decision for the Coral North (Coral Norte) FLNG project on October 2, 2025.[14] The 3.6 mtpa floating LNG unit will be moored in the Coral gas field in Area 4, with first LNG targeted in 2028. The vessel's hull was launched at Samsung Heavy Industries' Geoje shipyard on January 16, 2026.[15]

Articles and Resources

Additional data

To access additional data, including an interactive map of LNG terminals, a downloadable dataset, and summary data, please visit the Global Gas Infrastructure Tracker on the Global Energy Monitor website.

References

  1. ↑ 1.00 1.01 1.02 1.03 1.04 1.05 1.06 1.07 1.08 1.09 1.10 1.11 https://allafrica.com/stories/202306300102.html?utm_source=substack&utm_medium=email. {{cite web}}: Missing or empty |title= (help)
  2. ↑ 2.0 2.1 2.2 2.3 https://www.upstreamonline.com/exclusive/eni-eyes-second-floating-lng-vessel-in-gas-rich-mozambique-block/2-1-1256456. {{cite web}}: Missing or empty |title= (help)
  3. ↑ 3.0 3.1 3.2 https://allafrica.com/stories/202306300102.html. {{cite web}}: Missing or empty |title= (help)
  4. ↑ 4.0 4.1 https://www.offshore-energy.biz/7-2-billion-project-cleared-for-takeoff-to-unlock-more-gas-and-lng-offshore-mozambique/. {{cite web}}: Missing or empty |title= (help)
  5. ↑ https://lngprime.com/africa/eni-takes-fid-on-coral-norte-flng/165046/. {{cite web}}: Missing or empty |title= (help)
  6. ↑ 6.0 6.1 6.2 6.3 6.4 6.5 https://www.adnoc.ae/en/news-and-media/press-releases/2023/adnoc-to-acquire-10-equity-stake-in-major-lng-development-in-mozambique?utm_source=substack&utm_medium=email. {{cite web}}: Missing or empty |title= (help)
  7. ↑ Iain Esau, Eni eyes second floating LNG vessel in gas-rich Mozambique block, Upstream, Jul. 14, 2022
  8. ↑ 8.0 8.1 Cavcic, Melisa (2025-04-09). "$7.2 billion project cleared for takeoff to unlock more gas and LNG offshore Mozambique". Offshore Energy. Retrieved 2025-07-01.
  9. ↑ "Mozambique: LNG Floating Platform Planned". allAfrica.com. Retrieved 2023-08-21.
  10. ↑ Staff, LNG Prime (2024-03-01). "Technip Energies CEO: Eni's Coral Norte FLNG has 'potential' for FID in 2024". LNG Prime. Retrieved 2024-07-18.
  11. ↑ "ADNOC to Acquire 10% Equity Stake in Major LNG Development in Mozambique". www.adnoc.ae. Retrieved 2024-07-18.
  12. ↑ "'Positive feedback' from financial market on Eni's liquefaction vessel". upstreamonline.com. Retrieved 2025-07-01.
  13. ↑ "Eni hits market with inquiry for critical Mozambique FLNG contracts". upstreamonline.com. Retrieved 2025-07-01.
  14. ↑ "Eni takes FID on Coral Norte FLNG - LNG Prime". lngprime.com. Retrieved 2025-10-03.
  15. ↑ "eni-announces-hull-launch-coral-north-flng". Retrieved 2026-07-14.{{cite web}}: CS1 maint: url-status (link)