Coral North FLNG financing nears FC
Sponsors of the Coral North floating LNG project in Mozambique — Eni (50%), CNPC (20%), Kogas (10%), ENH (10%), XRG (10%) — are expected to reach financial close on the $5 billion financing to fund the scheme in early Q4.The project has an estimated total cost of $7 billion. The Eni-led...