The approval of the project for development of the project to extract and liquify natural gas in Mozambique presented by Italian group ENI will create 820 jobs, according to the Mozambican Ministry of Mineral Resources and Energy.
This plan, recently approved by the Mozambique government will start to be executed this year by ENI East Africa, a subsidiary of the Italian group. The project will be located in Area 4 of the Rovuma basin and initially allow for extraction of 4.7 billion cubic feet of natural gas and production of 3.37 billion cubic feet of liquefied natural gas (LNG).
Mozambican daily newspaper Notícias, citing a source from the ministry, wrote that 90 percent of the 820 jobs will be filled by Mozambican workers who will undergo training.
The discovery, made in May 2012 and set out in detail in 2013, proved the existence of 16 trillion cubic feet of high quality natural gas at a depth of over 2,000 metres and at a distance of 80 kilometers from Palma Bay, in the province of Cabo Delgado.
ENI is the Area 4 block operator with an indirect stake of 50 percent through ENI East Africa, which controls 70 percent of the block, the remaining partners are Portugal’s Galp Energia and South Korean group Kogas and Mozambique’s state oil and gas company ENH all with 10 percent each and the China National Petroleum Corporation with an indirect stake of 20 percent.(macauhub/MZ)