Eni Boosts Congo LNG Capacity With New Nguya FLNG Facility [Yahoo! Finance]
ENI S.p.A. (E)
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eni.com/en_it/investors.page
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Source: Yahoo! Finance
Congo with the launch of the Nguya Floating Liquefied Natural Gas (“FLNG”) facility. The facility's hull was unveiled at Wison Heavy Industry's shipyard in Nantong, China, marking a milestone for the Congo LNG project. Scheduled to be deployed offshore Congo, the Nguya FLNG boasts a liquefaction capacity of 2.4 million tons per annum (MTPA). This new facility will join the Tango FLNG, which has been operational since December 2023 and has a capacity of 0.6 MTPA. The two units will raise the Congo LNG project's total liquefaction capacity to an impressive 3 MTPA by the end of 2025. The Nguya FLNG is Eni's second FLNG unit in Congo and represents a deepening partnership between the energy giant and the African nation. In 2022, Eni secured a contract with Wison Heavy Industry to establish this facility as part of a broader strategy to bolster LNG production and exports. Earlier this year, Congo marked a milestone by exporting its first LNG shipment to Italy, underscoring its growin
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