Eni Agrees to Build $7.2 Billion LNG Export Plant in Mozambique

Bloomberg•Thursday, October 2, 2025 at 2:43:34 PM

Eni SpA has officially greenlit a massive $7.2 billion floating liquefied natural gas project in Mozambique, which is set to double the country's LNG production. This development is significant as it comes at a time when global demand for natural gas is expected to rise, and new production sources are becoming increasingly important. By enhancing Mozambique's LNG capabilities, Eni is not only boosting the local economy but also contributing to the global energy supply, making this project a key player in the future of energy.

— Curated by the World Pulse Now AI Editorial System

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