ENI finds major gas reserves in Mozambique

Feb 16, 2012 12:00 AM

Italian energy company ENI estimated there was around 30 tcf of natural gas off the coast of Mozambique following a new resource discovery.
"ENI announces a new giant natural gas discovery at the Mamba North 1 prospect, in Area 4 offshore Mozambique, encountering a mineral potential of 7.5 tcf of gas in place," the company said in a statement.

ENI last year said a major natural gas discovery in the Mamba South prospect, estimated at around 22.5 tcf, marked the largest discovery in the company's exploration history. The discovery brings the reserve estimate in the region to around 30 tcf, the company said.
ENI had said the discovery could lead to major developments in the natural gas sector in Mozambique. This includes access to regional and international markets through liquefied natural gas capacities.

Last year, US energy company Anadarko Petroleum said an appraisal well off the coast of Mozambique held at least 30 tcf of natural gas, twice the size of the previous estimate.
ENI's discovery was made in deep water about 25 miles north of Mozambique.

Market Research

The International Affairs Institute (IAI) and OCP Policy Center recently launched a new book: The Future of Natural Gas. Markets and Geopolitics.

Cover_242-width

The book is an in-depth analysis of some of the fastest moving gas markets, attempting to define the trends of a resource that will have a decisive role in shaping the global economy and modelling the geopolitical dynamics in the next decades.

Some of the top scholars in the energy sector have contributed to this volume such as Gonzalo Escribano, Director Energy and Climate Change Programme, Elcano Royal Institute, Madrid, Coby van der Linde, Director Clingendael International Energy Programme, The Hague and Houda Ben Jannet Allal, General Director Observatoire Méditerranéen de l’Energie (OME), Paris.

For only €32.50 you have your own copy of The Future of Natural Gas. Markets and Geopolitics. Click here to order now!


 

Upcoming Conferences
« June 2019 »
June
MoTuWeThFrSaSu
1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30

Register to announce Your Event

View All Events