Congo LNG: Eni’s innovative project to transform the country into a natural gas exporter

The Congo LNG project involves the construction of two floating plants for the liquefaction of natural gas, intended to transform the Republic of Congo into an LNG exporter from 2025. Eni is thus committed to promoting the energy transition in the country, using an environmentally sustainable approach.

Share:

On April 25, 2023, the President of the Republic of Congo, Denis Sassou Nguesso, and the Director General of EniClaudio Descalzi, laid the foundation stone for Congo LNG, a natural gas liquefaction project that promises to transform the country into a key exporter of liquefied natural gas (LNG). This project marks an important milestone for Eni’s supply diversification initiatives and underscores the company’s commitment to promoting the energy transition in the country.

Congo LNG has opted for a zero flaring approach to ensure the environmental sustainability of the project

Congo LNG is expected to have a global LNG production capacity of 3 million tons per year, or approximately 4.5 billion cubic meters per year, starting in 2025. The project aims to tap into Marine XII’s huge gas resources to meet the country’s power generation needs and fuel LNG exports to international markets, primarily in Europe. To do this, the project will install two floating natural gas liquefaction (FLNG) plants at the Nenè and Litchendjili fields, both of which are already in production, as well as at fields to be developed.

The first FLNG plant, with a capacity of 0.6 million tons per year, is currently under conversion and is expected to start production in 2023. The second FLNG plant, with a capacity of 2.4 MTPA, is already under construction and is expected to become operational in 2025. The project is unique in that it employs an accelerated development schedule and a zero flaring approach, ensuring that the project is both cost effective and environmentally sustainable.

Congo LNG is an important contribution to the energy transition in the Republic of Congo

Eni’s CEO Claudio Descalzi said that the launch of Congo LNG is one of the company’s main projects, made possible by the collaboration with the Republic of Congo, and intended to contribute significantly to energy security and industrial competitiveness of Italy and Europe. He stressed the importance of long-term collaboration with African partners, especially at a time when important strategic choices must be made regarding the future diversification of European energy supply routes and mixes, towards energy accessibility and availability and progressive decarbonization.

Congo LNG is a key project for Eni in terms of diversification of its supply and energy transition in the Republic of Congo. With a production capacity of 3 million tons of LNG per year, it will tap into Marine XII’s natural gas resources to meet electricity needs and for international exports.

Turkey has connected its gas grid to Syria’s and plans to begin supplying gas for power generation in the coming weeks, according to Turkish Energy Minister Alparslan Bayraktar.
Despite record electricity demand, China sees no significant increase in LNG purchases due to high prices and available alternative supplies.
US natural gas production and consumption are expected to reach record highs in 2025, before slightly declining the following year, according to the latest forecasts from the US Energy Information Administration.
Naftogaz announces the launch of a natural gas well with a daily output of 383,000 cubic meters, amid a sharp decline in Ukrainian production following several military strikes on its strategic facilities.
Sonatrach and ENI have signed a $1.35 billion production-sharing agreement aiming to extract 415 million barrels of hydrocarbons in Algeria's Berkine basin, strengthening energy ties between Algiers and Rome.
Maple Creek Energy is soliciting proposals for its advanced 1,300 MW gas project in MISO Zone 6, targeting long-term contracts and strategic co-location partnerships with accelerated connection to the regional power grid.
VMOS signs a USD 2 billion loan to finance the construction of the Vaca Muerta South pipeline, aiming to boost Argentina's energy production while reducing costly natural gas imports.
According to a Wood Mackenzie report, Argentina could achieve daily gas production of 180 million cubic metres per day by 2040, aiming to become a key regional supplier and a significant exporter of liquefied natural gas.
Côte d'Ivoire and the Italian group Eni assess progress on the Baleine energy project, whose third phase plans a daily production of 150,000 barrels of oil and 200 million cubic feet of gas for the Ivorian domestic market.
The extreme heatwave in China has led to a dramatic rise in electricity consumption, while Asia records a significant drop in liquefied natural gas imports amid a tight global energy context.
E.ON, together with MM Neuss, commissions Europe’s first fully automated cogeneration plant, capable of achieving a 91 % fuel-use rate and cutting CO₂ emissions by 22 000 t a year.
Facing the lowest temperatures recorded in 30 years, the Argentine government announces reductions in natural gas supply to industries to meet the exceptional rise in residential energy demand across the country.
Solar power generation increased sharply in the United States in June, significantly reducing natural gas consumption in the power sector, despite relatively stable overall electricity demand.
Golden Pass LNG, jointly owned by Exxon Mobil and QatarEnergy, has asked US authorities for permission to re-export liquefied natural gas starting October 1, anticipating the imminent launch of its operations in Texas.
Delfin Midstream reserves gas turbine manufacturing capacity with Siemens Energy and initiates an early works programme with Samsung Heavy Industries, ahead of its anticipated final investment decision in the autumn.
Norwegian group DNO ASA signs gas offtake contract with ENGIE and secures USD 500 million financing from a major US bank to guarantee future revenues from its Norwegian gas production.
Golar LNG Limited has completed a private placement of $575mn in convertible bonds due in 2030, using part of the proceeds to repurchase and cancel 2.5 million of its own common shares, thus reducing its share capital.
Shell Canada Energy announces shipment of the first liquefied natural gas cargo from its LNG Canada complex, located in Kitimat, British Columbia, primarily targeting fast-growing Asian economic and energy markets.
The Australian government is considering the establishment of an east coast gas reservation as part of a sweeping review of market rules to ensure supply, with risks of shortages signalled by 2028.
The increase in oil drilling, deepwater exploration, and chemical advances are expected to raise the global drilling fluids market to $10.7bn by 2032, according to Meticulous Research.