Page 19 - AfrOil Week 01 2021

AfrOil POLICY AfrOil

Mozambique LNG will develop and process gas from Area 1 (Image: Total)

The attack, which was repelled by Mozambican Mozambique LNG site. Indeed, Mozambique
government forces, was the first within Total’s LNG was the site of the country’s first reported
concession area and followed another attack COVID-19 cases in April 2020. According to
on a town less than 5 km (3 miles) from the local media, a new outbreak was detected at the
construction camp earlier that week. The LNG project in December.
terminal site itself is heavily guarded and has The attacks significantly heighten the risk
not yet been attacked, but militants have made associated with the $20bn Mozambique LNG
threats that they may target it in the future. project, which represents Africa’s largest private
In a separate Bloomberg report from Janu- investment.
ary 1, the news service cited Total as saying it However, work continues for now, and in late
had “temporarily reduced its workforce on site December, South Korea’s Daewoo Engineering
in response to the prevailing environment”. The & Construction won a fabrication contract for
company added that the situation was being certain components of the project’s two lique-
reviewed continuously. faction trains, worth KRW500bn ($459mn).
Total also told Bloomberg that the coronavi- Daewoo said it would be tasked with the con-
rus (COVID-19) pandemic had further weighed struction of components such as steel frames,
on the decision to reduce personnel at the machinery, piping and electricity. ™

PROJECTS & COMPANIES
Waltersmith secures oil supplies from

Seplat for modular refinery

NIGERIA PRIVATE Nigerian firm Waltersmith has struck agreement with Waltersmith, as it ensures that
a deal to obtain crude oil supplies for its modular Nigerian crude will be refined locally by a Nige-
refinery in Nigeria’s Imo State from independent rian refiner,” Seplat CEO Roger Brown said.
producer Seplat Petroleum. “The agreement will eliminate losses we previ-
Seplat said in a statement it had agreed to ously experienced on the export pipeline, mean-
provide 2,000-4,000 barrels per day (bpd) of ing more revenue will be booked by Seplat for
crude from the Ohaji South field, situated at the the same amount of oil produced from the field.
onshore OML 53 block. The field’s output was Waltersmith’s refinery will also benefit the Nige-
previously delivered to an export terminal via rian economy by creating jobs to refine our oil.”
a crude handling agreement with Waltersmith. Nigerian President Muhammadu Buhari
Direct sales to the refiner will reduce crude held a launch ceremony for Waltersmith’s 5,000
losses and downtime along the export route, bpd refinery in late November. In addition to
Seplat said. the volumes from Seplat, the plant also handles
“We are delighted to sign this crude purchase crude from Waltersmith’s marginal Ibigwe field.

Week 01 06•January•2021 www. NEWSBASE .com P19