New BP LNG Facility
Mozambique’s first LNG project
BP has a long-term agreement to purchase 100% of LNG output from the facility that has the capacity to produce up to 3.4 million tonnes of LNG per year. Credit: BP.
BP successfully loaded the first LNG cargo from Mozambique’s offshore Coral Sul FLNG facility, the country’s first LNG project and first floating LNG facility ever deployed in the deep waters of the African continent. Under its long-term contract, BP will purchase 100% of LNG output from Coral Sul FLNG which has the capacity to produce up to of 3.4 million tonnes of LNG per year.
The start of production at the facility comes at an important moment, as LNG plays a key role supporting energy security. As the demand for LNG is expected to continue growing globally, BP continues to diversify its portfolio of LNG sources.
Carol Howle, EVP Trading and Shipping at BP, says: “As the world seeks secure, affordable and lower carbon energy, global demand for LNG is expected to continue to grow.”
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