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AfrOil PROJECTS & COMPANIES AfrOil

The partners aim to extract gas from Area 1, The value of the acquisition, which will
which lies offshore Mozambique within the make TotalEnergies the leading retail petro-
Rovuma basin. They will process the gas at the leum product seller in Mozambique, has not yet
LNG plant on the Afungi Peninsula. The facility been disclosed. TotalEnergies is already active in
will eventually have two production trains, each the Mozambican downstream market, where it
with a capacity of 6.44mn tonnes per year (tpy). operates 57 filling stations and has its own active
portfolio of business customers.
Downstream expansion “This agreement reflects TotalEnergies’ will-
Also on January 31, TotalEnergies announced ingness to pursue its investments in Mozam-
plans to expand its downstream business in bique’s energy sector in order to deploy our
Mozambique by acquiring a package of assets multi-energy strategy in the country through
from BP (UK). retailing of petroleum products for mobility, the
The assets in question include 26 retail fill- major Mozambique LNG project and accompa-
ing stations, a wholesale fuel business that has a nying supply of domestic gas, and opportunities
portfolio of business customers and a 50% stake under review in the area of renewable energies,”
in Samcol, the logistics company that operates Pouyanné commented, hailing the acquisition
the Beira, Matola and Nacala petroleum prod- deal. “Our ambition with all this is to contrib-
uct import terminals. The French major already ute to the country’s sustainable development
owns the other half of Samcol, so the deal will and give access to energy to as many people as
boost its stake to 100%. possible.” ™

TotalEnergies signs MoU with

Rwanda to develop energy sector

RWANDA TOTALENERGIES of France has signed a company’s investments in clean energy stor-
memorandum of understanding (MoU) with age and distribution and its partnerships with
the Rwanda Development Board (RDB) on local private-sector companies were timely, as
developing collaboration in the area of ener- Rwanda was making the environment the focus
gy-related projects. of its development strategies.
The MoU covers the supply and distribution “[The] skills transfer in critical areas such as
of LPG as a substitute for biomass, as well as renewable energies and energy transition will
electric charging, and renewable hydropower undoubtedly contribute to the development of
generation, TotalEnergies said in a January 31 local expertise in the energy sector,” she said.
press release. The RDB is a public institution mandate to
Additionally, the document addresses the accelerate the East African country’s economic
development of power storage solutions for development. TotalEnergies is involved in the
Rwanda’s electrical network and Natural Based production and marketing of oil and biofuels,
Solutions for carbon storage, the energy transi- natural gas and green gases, renewable energy
tion and the implementation of education and and electricity. ™
training programmes for new forms of energy.
The global multi-energy firm also said on
January 31 that it had incorporated a local sub-
sidiary, TotalEnergies Marketing Rwanda Ltd,
and had opened a permanent representative
office in Kigali, the country’s capital city.
TotalEnergies chief executive Patrick Pouy-
anné said that the signing of the MoU illustrated
the French major’s commitment to deploying its
multi-energy strategy in Africa – and particu-
larly in Rwanda, which has a booming economy.
“We are pleased to seize this opportunity
to work together with Rwanda and contrib-
ute to the development of its energy sector, in
line with TotalEnergies’ ambition to become
a global multi energy company,” he said in the
press release.
TotalEnergies also quoted RDB chief exec-
utive Clare Akamanzi as saying that the French Pouyanné (L) and Kagame (R) met on January 30 (Photo: Rwandan Presidency)

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