Back in 2022, Exmar sold the FLNG to Italy's Eni for deployment in the Republic of Congo, also known as Congo-Brazzaville. Besides buying Tango FLNG from Exmar, Eni also
As previously reported, the agreement for the sale and purchase of Tango FLNG contains a price adjustment clause related to the performance of the unit.
This includes “a negative correction of $78 million and a bonus of a maximum of $44 million,” Exmar said.
“Based on the production data, Exmar has concluded that it is entitled to a bonus, amount of which is not yet agreed,” the company added.
Two FLNGs
In November 2024, China’s Wison New Energies launched the hull of Eni’s Congo FLNG at its yard in Nantong, China. Eni will name the FLNG Nguya.
The FLNG will complement the existing Tango FLNG, which was also built by WNE.
WNE won a contract from Eni in December 2022 to build a 380 meters long 2.4 mtpa FLNG and officially started work on the project in January 2023.
The new FLNG will serve Eni’s Congo project which will reach an overall LNG production capacity of 3 million tons per year, or about 4.5 billion cubic meters/year, from 2025.
Eni expects Congo LNG’s Phase 2 to be operational by the end of 2025.
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