ENI FID decision soon.
1) From the company: Luca Bertelli, ENI chief exploration officer, FID in December
See http://www.ecofinagency.com/compani...n-on-coral-south-deep-sea-project-by-december
2) From the Government: new Energy Minister Leticia da Silva Klemens of the Government of Mozambique: FID in 2016
See http://www.epmag.com/eni-will-likely-make-decision-mozambique-lng-project-2016-1405656
3) From a partner: National Hydrocarbon Company (ENH) chairman Omar Mitha.
http://clubofmozambique.com/news/lng-mozambique-enis-rovuma-basin-fid-november-omar-mitha/
Eni operates Area 4 with a 50% indirect interest, alongside Galp Energia, KOGAS and Empresa Nacional de Hidrocarbonetos (ENH) with a 10% stake each. CNPC owns a 20% indirect interest in Area 4 through Eni East Africa.
This decision should have an immense impact on the amount of investment in to flow into Mozambique and the business flowing towards RBR.
Please DYOR.
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