Coral North is the second project for the development of the considerable gas resources discovered by Eni in Area 4 of the Rovuma Basin. The Floating Liquefied Natural Gas (FLNG) unit will have a capacity of around 3.5 MTPA (million tons for year). Managed by Eni and its partners, the project involves the deployment of a second Floating Liquefied Natural Gas (FLNG) facility to double the region’s LNG production, building on the success of the Coral South project.

Petrobrazi, boasting an annual refining capacity of 4.5 million tons/year of crude oil, stands as one of Romania’s foremost refineries. It serves as a pivotal hub where crude oil undergoes processing, resulting in a diverse array of high-value petroleum products, ranging from gasoline and diesel to LPG and aviation fuel. Presently, Petrobrazi operates at exemplary environmental and performance standards, capable of refining the entire equity crude oil production of OMV Petrom. In a strategic move towards sustainability, the Romanian oil company plans to construct 55MW of green hydrogen projects at its Petrobrazi refinery, located 60km north of Bucharest. This initiative involves the installation of two electrolysers, one with a capacity of 35MW and the other with 20MW. The renewable hydrogen generated will be utilized in the production of bio-based sustainable aviation fuel (SAF) and biodiesel, marking a significant step towards reducing carbon emissions in the aviation sector.