Page 4 - GLNG Week 05 2022

GLNG COMMENTARY GLNG

TotalEnergies CEO hopes to resume

work on $20bn Mozambique LNG

project this year

TotalEnergies’ CEO, Patrick Pouyanné, has said he hopes to see work on the $20bn

Mozambique LNG project resume before the end of this year

PROJECTS & TOTALENERGIES’ CEO, Patrick Pouyanné, to date, saying: “A lot of progress has been done
COMPANIES has said he hopes to see work on the $20bn and frankly in a very short period of time.”
Mozambique LNG project resume before the Pouyanné was likely referring to the ramp-
WHAT: end of this year. down in fighting in Cabo Delgado. The
TotalEnergies’ CEO is Speaking to reporters during a visit to insurgency has abated since Mozambique’s
hoping work can resume Maputo on January 31, Pouyanné stressed that government accepted help in the form of troop
on Mozambique LNG this the French major was still waiting for security deployments from Rwanda and member states
year. conditions to improve in the northern prov- of the Southern African Development Commu-
ince of Cabo Delgado, where the Mozambique nity (SADC).
WHY: LNG consortium has already begun building its The TotalEnergies CEO was speaking after
Work on the project was onshore complex. signing an agreement that will allow TotalEner-
suspended last year amid “When I will see that life is back to normality, gies to provide 2,500 young Mozambicans with
the deteriorating security which means having some state services and training in skills that they can use to provide ser-
situation in northern population, then the project can restart,” Reu- vices for the Mozambique LNG project, such as
Mozambique. ters quoted him as saying. “My objective is that the growing of vegetables for food that can be
we will restart in 2022.” sold to gas workers.
WHAT NEXT: He stopped short of committing to any spe- The Mozambique LNG consortium and its
TotalEnergies will also cific dates, saying that more work needed to be contractors and sub-contractors had hoped to
expand its downstream done to consolidate the gains that have been create thousands of new jobs in Cabo Delgado,
business in Mozambique made in areas seized last March by members especially in the vicinity of the LNG plant and
by acquiring a package of of Ahlu Sunna Wa-Jamo (ASWJ), a separatist onshore facilities on the Afungi Peninsula.
assets from BP . Islamist group with ties to Islamic State (Daesh). However, hundreds of thousands of the
But he also hailed the steps that have been taken province’s residents became refugees last year

P4 www. NEWSBASE .com Week 05 04•February•2022