Maputo: Italian energy firm ENI on Wednesday announced a new natural gas discovery of up to ten trillion cubic feet off the Mozambican coast. "This discovery is particularly significant since it confirms a new exploration play, which is independent of those drilled so far in previous Mamba wells," ENI said in a statement.
The new fields are located in the deep-water Rovuma basin off Mozambique's Cabo Delgado coast, close to where American Anadarko Petroleum announced finds twice as large on Tuesday. The deposits at a depth of close to 5 000 metres below sea level boosted the total ENI estimates of its Mamba fields to up to 52 trillion cubic feet, the company said. E
NI's discovery brings natural gas finds so far by multi-national corporations in Mozambique's Rovuma basin to over 80 trillion cubic feet, as the country emerges as a new natural gas frontier.
Mozambique lies at the southern tip of a fault line running along the east African coast to Somalia, forming a geologically inviting region for natural gas that has become the focus of an exploration boom in recent years.