Coral FLNG DFI/ECA-backed financing launch nears

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Given recent unconfirmed reports of the sale of a stake in the project to Exxon Mobil, the financing and a final investment decision (FID) by the project’s sponsors – (Eni (50%) China National Petroleum Corporation (20%), Empresa Nacional de Hidrocarbonetos (10%), Kogas (10%) and Galp Energia (10%) – looks set to launch by year-end at the latest.

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