Eni's Nguya Floating Gas Factory Begins LNG Supply to Europe from Republic of the Congo
NATURAL GAS
The Nguya, operated by Eni, has begun LNG supply to Europe from the Republic of the Congo. The floating gas factory processes gas from offshore fields and cools it to -162°C for economical transport to Spain and Italy.
Eni suggests that floating LNG technology offers advantages in terms of speed and security compared to onshore facilities. Costs for floating LNG plants have reportedly decreased by 40% in recent years, with the Nguya's estimated cost below $2.5 billion. The project highlights a shift in the industry, with increased interest in floating LNG amid security concerns and logistical challenges on land.

Feb 15, 2026, 1:37 PM