Agulha

Location

The Agulha field is located in the deep waters of the Rovuma Basin, specifically within Area 4, off the coast of Mozambique.

Project Overview

The Agulha field is one of the several gas fields discovered in the Rovuma Basin, along with the Coral and Mamba fields. These discoveries have positioned Mozambique as a significant player in the global liquefied natural gas (LNG) market.

Project Details

• Coral South Project: This project, which includes the Agulha field, involves the extraction of natural gas. The gas is liquefied and exported using the Coral Sul FLNG (Floating Liquid Natural Gas) plant. This project was launched just five years after its approval and has been operational, contributing to job growth, energy stability, and diversification of supply sources.
• Rovuma LNG Project: This is a broader project that includes the Agulha field, along with other fields in the Mamba complex within Area 4. The project aims at the production, liquefaction, and commercialization of natural gas from these fields. It is considered a new frontier in the global oil and gas industry.

Partners and Stakeholders

The projects in the Rovuma Basin involve several international and local partners, including:

• Eni
• ExxonMobil
• China National Petroleum Corporation (CNPC)
• Galp – Petróleos e Gás de Portugal SGPS, S.A.
• Korea Gas Corporation (KOGAS)
• Empresa Nacional de Hidrocarbonetos E.P. (ENH)
• Total.

Economic and Social Impact

The projects in the Rovuma Basin, including the Agulha field, have multiple benefits:

• Job Growth: The projects have created significant employment opportunities.
• Energy Stability: They contribute to greater stability in energy supplies for both the domestic market and export, particularly to Europe.
• Economic Diversification: The projects support economic diversification, including the development of bioenergy through the production of agro-feedstock and other initiatives.

Environmental and Social Initiatives

In addition to the economic benefits, the projects also involve various social and environmental initiatives:

• Forest Protection: Initiatives like the Great Limpopo project focus on forest protection and preservation.
• Local Development: Projects include the distribution of improved stoves, support for education, technical training, food safety, healthcare, and access to energy. There is also a focus on micro-entrepreneurship in the agricultural sector.

In summary, the Agulha field is part of Mozambique's significant natural gas reserves in the Rovuma Basin, contributing to major LNG projects that have substantial economic, social, and environmental implications.