(Finance) – It was launched today by Eni the hull of the floating liquefied natural gas production unit Nguya FLNG at the Wison shipyard in Nantong, China. The very modern FLNG will have a capacity of liquefaction of 2.4 million tons per year (MTPA) and will join thecurrent FLNG Tangooperational since December 2023 with a capacity of 0.6 MTPA, bringing the total liquefaction capacity of the Congo LNG project to 3 MTPA by the end of 2025. The ceremony was attended by the Minister of Hydrocarbons of the Republic of Congo, Bruno Jean Richard Itoua.
“Celebrating this milestone together with our partners is further testimony to the solid collaboration between Eni and the Republic of Congo. We were the first to believe in the value of Congo gas, firstly for internal energy production and then for export,” he commented Guido BruscoChief Operating Officer, Global Natural Resources at Eni, adding “with the launch of the Nguya FLNG hull, the Congo LNG project has reached the impressive milestone of 40 million hours worked without injuries. This achievement highlights the project’s continued progress in valorising of Congo’s gas resources, while capitalizing on local and international opportunities to create further value for our stakeholders.”
In the Lingala language of Congo, “Nguya” means strength, energy and ability to complete projects effectively, demonstrating the results obtained by Eni thanks to the partnership with the Republic of Congo. The launching of the hull confirms the time-to-market performance: Nguya FLNG completion activities are already progressed to 80% and the overall timing of the Phase 2 – from the awarding of the contract for the FLNG to start-up – will amount to less than 3 yearsleveraging thefast-track approach by Eni which allows the execution of engineering, construction and execution activities simultaneously to develop new projects quickly.
Nguya FLNG will have a smaller carbon footprint thanks to its design, technology and zero-flaring approach, in line with Eni’s decarbonisation strategy.