Total wants to quickly relaunch its gas project in Mozambique
Aerial view of the Afungi gas mega-project, March 18, 2021. AFP - GRANT LEE NEUENBURG
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1 min
TotalEnergies is relaunching in Mozambique, less than a year after the suspension of its gas project following a jihadist attack.
The CEO of the company Patrick Pouyanné traveled to Maputo on Monday January 31 where he met with President Filipe Nyusi.
Total has a strong desire to relaunch the natural gas production project as quickly as possible.
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Total back in Mozambique with a clear objective: to start production on its gas site by 2026.
At the end of March last year, a jihadist attack on the coastal city of Palma in the north of the country forced the French group
to suspend this
16.5 billion euro project.
Facilities still under construction on the Afungi peninsula had been emptied, personnel evacuated and a state of force majeure declared.
The province of Cabo Delgado is still plagued by violence, but according to Patrick Pouyanné, CEO of Total, “
a lot of progress has been made in a short time
”.
Only a few steps remain to be taken for lasting security in the region, he said.
He also announced a new agreement with the State.
At stake: funding for agricultural and education projects for local populations.
Present in Mozambique for thirty years, Total has also announced that it is expanding its presence by taking over the petrol distribution and logistics network of BP, another oil and gas giant.
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mozambique
Filipe Nyusi
Energies