Mozambique's Coral North FLNG project reaches final investment decision


MAPUTO, Oct. 3 (Xinhua) -- The Coral North Floating Liquefied Natural Gas (FLNG) project in Mozambique reached its Final Investment Decision (FID) on Thursday, with a signing ceremony held in the capital, Maputo.

The multi-billion-dollar project is jointly developed by Italy's Eni Group, China National Petroleum Corporation (CNPC), Mozambique's national oil company ENH, Korea Gas Corporation, and XRG, a subsidiary of Abu Dhabi National Oil Company.

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