Page 6 - AfrOil Week 48 2022

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Mozambique LNG docks cargo ship at

port once held by Islamist insurgents

MOZAMBIQUE A cargo vessel belonging to Mozambique October 2017, killing 4,422, according to con-
LNG, a consortium led by the French major flict tracker ACLED, and displacing more than
TotalEnergies, has docked in a town in northern 800,000 people. Work at some local mines has
Mozambique where intense fighting had halted also been disrupted by the conflict.
commercial activities in the area for years. A joint force from member states of the
The ship, according to reports from BBC Southern African Development Community
and AFP, was carrying fuel, vehicles and other (SADC) and a contingent from Rwanda have
equipment and docked at the Port of Mocimboa helped government troops regain broad control
da Praia in Cabo Delgado Province on Tuesday, of the territory in Cabo Delgado. However, the
November 29. It was the first to arrive in the rebels continue to hit targets and flee.
town in the last three years, the BBC noted. Islamist insurgents seized Mocimboa da
Cabo Delgado’s Governor Valige Tuabo said Praia two years ago, but Mozambican forces,
during a ceremony marking the reopening of supported by Rwandan soldiers, took it back in
the port that the resumption of operations was a August 2021. Authorities started helping civil-
result of the restoration of security and the con- ians to return to the town on June 9, 2022. ™
fidence of the partners to continue to invest and
develop the region.
TotalEnergies’ country chair for Mozam-
bique Maxime Rabilloud, who was also present
at the event, reaffirmed that his company would
continue to support the government and private
sector in rebuilding the province.
The French major suspended operations at
a site near Mocimboa da Praia where it is build-
ing a gas processing factory in March 2021, after
Islamist militants attacked a nearby town. In its
capacity as leader of the Mozambique LNG con-
sortium, it declared force majeure on the $20bn
project, which is the largest foreign investment
commitment made in Africa to date.
The insurgency has been running since The cargo ship was the first vessel to dock in Pemba in three years (Image: TVM)

Kenyan insurer exits EACOP consortium,

citing concerns about IFC standards

REGIONAL NAIROBI-LISTED Britam Holdings has with- human rights organisation.
drawn from a consortium of East African insur- The CAO’s response confirmed that Britam
ers providing coverage for a planned 1,443-km had bowed out of the Insurance Consortium for
oil pipeline in Uganda and Tanzania and related Oil and Gas Uganda, a group established by the
upstream projects on the grounds that the pro- Ugandan government to support the East Africa
ject does not meet its backers’ policies and per- Crude Oil Pipeline (EACOP) project.
formance standards. It also said the insurer had done so after
According to The East African, Britam’s reviewing the environmental and social risks
decision came to light in early November, when of the pipeline. That led Britam to conclude that
the Compliance Advisor Ombudsman (CAO), the EACOP project went against the precepts
an independent agency of the World Bank, of International Finance Corp. (IFC), member
responded to a complaint filed last year by Inclu- of the World Bank group that made a $35mn
sive Development International, a US-based investment in the Kenyan insurer itself, it said.

P6 www. NEWSBASE .com Week 48 01•December•2022