November 16, 2022 [Tank Store Mag] – BP has successfully loaded the first cargo from Mozambique’s offshore Coral Sul FLNG facility. It is the country’s first LNG project and first floating LNG carrier in deep waters.
Under a long-term contract, BP will purchase 100% of LNG output from Coral Sul FLNG, which has the capacity to produce up to 3.4 million tonnes of LNG per year.
BP aims to expand its LNG portfolio to 30 million tonnes by 2030.
Carol Howle, EVP trading and shipping at BP, says: ‘The start of production from the Coral Sul FLNG facility represents a major milestone for Mozambique, the project partners, and BP as the LNG buyer. As the world seeks secure, affordable and lower-carbon energy, global demand for LNG is expected to continue to grow. This new supply source further enhances BP’s capability to deliver LNG to markets across the world and we look forward to continuing our close collaboration with all those involved in the project.’
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