https://newsletter.en.creamermedia.com
Construction|Energy|Export|Gas|LNG|PROJECT|SECURITY
Construction|Energy|Export|Gas|LNG|PROJECT|SECURITY
construction|energy|export|gas|lng|project|security

Mozambique President discussed LNG, hydro projects with TotalEnergies CEO

TotalEnergies CEO Patrick Pouyanne

TotalEnergies CEO Patrick Pouyanne

Photo by Reuters

28th January 2025

By: Reuters

  

Font size: - +

Mozambique's President Daniel Chapo met with Patrick Pouyanne, the chief executive of TotalEnergies, on Monday to discuss several of the company's projects in the southern African country, including a long-delayed $20-billion liquefied natural gas development.

Mozambique LNG, which had been slated to restart construction by the end of 2024 and begin producing gas in 2029, saw that deadline slip when the French oil major last week ⁠confirmed that force majeure had yet to be lifted on the project.

"During the conversation, Pouyanne reaffirmed TotalEnergies' commitment to resuming the project, currently suspended since 2021, due to security challenges in the region," Chapo said in a post on X on Monday.

Chapo said Mozambique, reeling from months of post-election unrest, acknowledged the importance of the Cabo Delgado project for the country's growth prospects.

"Efforts are therefore being made to ensure the necessary stability for its implementation," Chapo said.

The meeting took place on the sidelines of a two-day energy summit in Tanzania.

Pouyanne, speaking Tuesday at the summit, added that they also discussed potential gas-to-power projects for the local population, as well as progress on a $5 billion hydropower dam and plant Total is developing alongside EDF and Sumitomo.

The hydroelectricity project can't get underway if Mozambique doesn't also build the expensive power lines that are crucial to transporting the energy to paying customers, the CEO said in a panel on barriers to private investment.

"I was discussing the issue yesterday with the president of Mozambique, where we have a hydropower project, and I told him we cannot start the hydro because we don't see the transmission line behind it," Pouyanne said.

"It's difficult in terms of huge capital to attract ... You could attract international and private investors on infrastructure (projects), like transmission lines, but it has to be managed ... otherwise I'm afraid this bottleneck will remain," Pouyanne said.

Edited by Reuters

Comments

Showroom

Weir
Weir

Weir is a global leader in mining technology. We recognise that our planet’s future depends on the transition to renewable energy, and that...

VISIT SHOWROOM 
ESAB showroom image
ESAB South Africa

ESAB South Arica, the leading supplier of high-end welding and cutting products to the Southern African industrial market is based in...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Metals and engineering industry taking strain
Metals and engineering industry taking strain
28th February 2025 By: Creamer Media Reporter
Magazine round up | 28 February 2025
Magazine round up | 28 February 2025
28th February 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.096 0.183s - 168pq - 2rq
Subscribe Now