Skip to main content

Linklaters advises Eni on the Coral South FLNG project financing

Published by
LNG Industry,


Linklaters has advised Eni together with its Area 4 partners, CNPC, ENH, GALP and KOGAS on the ECA-backed multi-billion dollar project financing for the US$8 billion Coral South FLNG project in Mozambique. The financing is Africa’s largest ever project financing deal to date. It is also the world’s first project financing of a FLNG facility.

Daniel Tyrer, Partner, Linklaters, said: “This landmark transaction marks the beginning of a huge development process for Mozambique as it starts to capitalise on the significant natural gas resources in the Rovuma Basin. It is a very important and ground-breaking transaction for Eni and its Area 4 Partners which involved a complex legal structure and showcases Linklaters’ capabilities and expertise in dealing with major multi-sourced project financings.” 

The Linklaters team, which was led by Project Finance partner Daniel Tyrer working alongside partners Mark Russell and Vanessa Havard-Williams and managing associate Ross Schloeffel, worked closely with Eni’s in-house legal team led by Senior VP for Legal Affairs for Finance, M&A, Mozambique Project, Reserves and International Renewables, Gloria Dagnini.

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/05062017/linklaters-advises-eni-on-the-coral-south-flng-project-financing/

You might also like

Kabel Schlepp

WEBINAR - Key criteria to ensure proper selection of a cable drag chain

In this webinar KabelSchlepp will review and discuss the items needed to ensure that a cable track is properly selected and sized for the user’s application. How diameters and weights of the fill package effect cable track selection and how the jacket material of the fill package influences the cable track design. Register for free today »

 
 
 

Embed article link: (copy the HTML code below):