By PAUL BURKHARDT
ROME (Bloomberg) -- Eni
sees Mozambique, its planned base for African output,
struggling to meet a 2018 deadline to build plants allowing the
country to ship liquefied natural gas.
Were working hard to reach a final
investment decision as soon as we can, Luca
Bertelli, EVP of exploration at the company, said in an
Completion by 2018 is very challenging, he said.
Theres no infrastructure, no logistics so it will
take a bit of time.
has found 75 Tcf of gas in the offshore fields of its Area 4,
more than the current reserves of Norway. Mozambique plans to
build four LNG units with total capacity of 20 MMmtpy by 2018,
making it the largest LNG export site after Ras Laffan in
Qatar. It may cost $20 billion.
Mozambique will be the base for production in the next
decades, Bertelli said. I was part of Angola LNG
but there they start with some logistics in place to build the