Eni is considering a range of additional options for monetising its huge natural gas discoveries in Mozambique’s offshore Area 4 to complement a central onshore LNG export project.
The Italian operator also said it could sell down some of its 70% holding in the multi-trillion-cubic-feet gas position but such a move is not a primary concern.
Additional options on the table for gas resources unearthed in the Rovuma basin include floating LNG, gas-to-liquids and compressed natural gas, Eni chief operating officer for exploration and production Claudio Descalzi said at an upstream seminar in London this week.
Eni, he said, is still in the exploration phase off Mozambique with four wells yet to be drilled, which remains the immediate focus.