Page 8 - DMEA Week 35 2022

DMEA TERMINALS & SHIPPING DMEA

However, he declined to say whether any par- regional organisation, and the government of
ticular date had been targeted for a restart. Rwanda since last year to counter the militants.
Pouyanné also stressed that the consorti- They have racked up many successes, but spo-
um’s schedule would hinge on security condi- radic attacks have continued.
tions in the area surrounding its construction TotalEnergies and its partners are slated
site. “There is no pressure for us to exit out of to extract gas from Area 1, which lies offshore
force majeure. We know that when we will say, Mozambique within the Rovuma basin. They
‘Yes, we can come back,’ it will take six months will process the gas at an LNG plant and onshore
really to start up again. But again, my priority, complex on the Afungi Peninsula.
it’s a matter of sustainability of that and human This facility will eventually have two pro-
rights. And so we’ll not relaunch the project as duction trains, each with a capacity of 6.44mn
long as I see photos from refugee camps around tonnes per year (tpy).
the site,” he remarked. The French major serves as operator of the
The Mozambique LNG project has been Mozambique LNG consortium through its sub-
on hold since March 2021, when its operator sidiary Total E&P Mozambique Area 1, which
TotalEnergies declared force majeure after a holds a 26.5% stake. The remaining equity in the
series of armed attacks by an Islamist group consortium is split between two Japanese com-
known as Ahlu Sunna Wa-Jamo (ASWJ) on panies, Mitsui and Japan Oil, Gas and Metals
locations near its onshore construction site on National Corp. (JOGMEC), which have a com-
the Afungi Peninsula. The French major has said bined stake of 20%; Mozambique’s national oil
it will resume work once Mozambican author- company (NOC) ENH, with 15%; BPCL, with
ities re-establish control over Cabo Delgado 10%; ONGC Videsh (India), with 10%; Beas
province, where ASWJ, which has ties to Islamic Rovuma Energy Mozambique (a 60:40 joint
State (Daesh) has been fighting since 2017. venture between ONGC Videsh and Oil India
Maputo has been working with the Southern Ltd, or OIL), with 10%; and PTTEP (Thailand),
African Development Community (SADC), a with 8.5%. ™

PIPELINES
Talanx declines to re-insure EACOP

AFRICA TALANX, Germany’s third-largest insurance In the post, #StopEACOP, a coalition formed
company, has confirmed that it will not pro- by multiple environmental and civil society
vide re-insurance coverage for the East Africa organisations, said it had received an email
Crude Oil Pipeline (EACOP) project, the #Sto- message to this effect from Dr. Jan-Philippe
pEACOP campaign said in a post on its website Lüdtke, Talanx’s group strategy and sustainabil-
dated August 25. ity manager.

EACOP will be 1,443 km long (Image: Petroleum Authority of Uganda)

P8 www. NEWSBASE .com Week 35 01•September•2022