Page 14 - AfrOil Week 06 2023
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AfrOil                                 PROJECTS & COMPANIES                                            AfrOil



                         It will then summarise its conclusions in a report   Mozambique LNG project site require, in par-
                         due to be delivered to project shareholders at the   ticular, the restoration of security in the region,
                         end of February, Pouyanné said.      the resumption of public services and the return
                           The information contained in this report will   to normal life for the people of the region,” he
                         allow members of the consortium Mozambique   commented.
                         LNG to decide whether the conditions have   TotalEnergies is serving as operator of the
                         been met to resume work on their onshore com-  Mozambique LNG consortium through its sub-
                         plex on the Afungi Peninsula, he stated.  sidiary Total E&P Mozambique Area 1, which
                           Pouyanné acknowledged that security risks   holds a 26.5% stake in the project. The remain-
                         had lessened since March 2021, when TotalEn-  ing equity in the group is split between two Jap-
                         ergies halted work on the project in response   anese companies, Mitsui and Japan Oil, Gas and
                         in response to attacks on nearby communities   Metals National Corp. (JOGMEC), which have a
                         by Ahlu Sunnah Wa-Jamo (ASWJ), an Islamist   combined stake of 20%; Mozambique’s national
                         militant group with ties to Islamic State (Daesh).   oil company (NOC) ENH, with 15%; Bharat
                         At that time, the French major withdrew all of its   Petroleum (India), with 10%; ONGC Videsh Ltd
                         employees, along with its partners and contrac-  (OVL, India), with 10%; Beas Rovuma Energy
                         tors, and issued a declaration of force majeure.  Mozambique (a 60:40 joint venture between
                           “Since 2021, the situation in Cabo Delgado   OVL and Oil India Ltd (OIL), with 10%; and
                         Province has improved significantly, thanks in   PTTEP (Thailand), with 8.5%.
                         particular to the support provided by the Afri-  The French major and its partners aim to
                         can countries that committed themselves to   extract gas from Area 1, which lies offshore
                         restore peace and security,” he said, referring to   Mozambique in the Rovuma basin. They will
                         the peacekeeping missions carried out by the   process the gas at an LNG plant and onshore
                         Southern African Development Community   complex on the Afungi Peninsula. This facility
                         (SADC) and the government of Rwanda.  will eventually have two liquefaction trains, each
                           He cautioned, though, that there was still   with a capacity of 6.44mn tonnes per year (tpy),
                         work to be done. “The lifting of the force   and will use a dedicated fleet of LNG carriers to
                         majeure and the resumption of activities at the   export its production. ™



       Kenya puts pressure on Tullow Oil



       to submit production timelines






             KENYA       KENYA’S government has told London-listed   Kamau, the Programs Manager at the non-profit
                         Tullow Oil Plc to submit realistic investment   Kenya Oil and Gas Working Group.
                         timelines for production from its oilfields in the   The African- and South American-focused
                         north of the country, the Ministry of Energy and   oil and gas explorer, which took in an estimated
                         Petroleum said in a statement on February 8.  $1.7bn in revenue last year, has earmarked
                           “Davis Chirchir, Kenya’s Energy & Petro-  $10mn towards investments into Kenyan devel-
                         leum Cabinet Secretary at the sidelines of India   opment projects this year, as it continues to look
                         Energy Week had discussions with Rahul Dhir,   for a strategic partner on the ground.
                         Tullow Oil Plc Group CEO and Madhan Srin-  This sum amounts to just 2.7% of its planned
                         ivasan Tullow Kenya CEO. He tasked them to   $370mn investment in four African countries,
                         come up with realistic timelines for the invest-  the others being Ghana ($300mn), Gabon
                         ment in Kenya,” the statement said.  ($40mn) and Ivory Coast ($20mn). ™
                           Delayed oil production has disrupted invest-
                         ments in an oil refinery that was planned for
                         Lamu port and the 825-km Lokichar-Lamu
                         pipeline. Tullow’s CEO Rahul Dhir has
                         explained the change in schedule by citing the
                         lack of a strategic partner and a pending review
                         by the Kenyan government of its Field Develop-
                         ment Plan (FDP), which it submitted in Decem-
                         ber 2021, according to a report from Kenya’s
                         private CapitalFM Radio.
                           The delay has stirred community protests
                         against Tullow, leading to vandalism of its oil
                         fields infrastructure and waste disposal sites
                         leading to environmental pollution, said Muturi   Etuko-1 well at Block 10BB in Kenya (Photo: Tullow Oil)



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