Italian energy specialist Eni aims to export over three million tonnes per annum (MTPA) of liquefied natural gas (LNG) from the Republic of Congo following its acquisition of Congolese company Export LNG Ltd, owner of the Tango floating LNG liquefaction facility.
Purchased from Exmar group, the facility – reported to cost around US$700m - will be used as part of the activities of the natural gas development project in the Marine XII block – a gas development zone – which would help enable development of a fast-track model capable of seizing the opportunities of the LNG market.
With a treatment capacity of around three million m2 per day and an LNG production capacity of approximately 0.6m tonnes per year, Tango FLNG will tie in with the entire Marine XII network and infrastructure.
Following its start up in 2023, Marine XII will produce volumes in excess of three million tonnes per year (over 4.5 billion m3) per year when fully operational.
Earlier this year, Eni became the newest partner in the North Field East (NFE) expansion project after being selected by QatarEnergy for a 25% interesting the joint venture.
The move provided Eni with access to four mega LNG trains with a combined capacity of 32 MTPA.
An increase in LNG related activity in recent months follows Russia’s invasion of neighbouring Ukraine, disrupting Europe’s natural gas supply.