Mozambique: EDM invests 700 million dollars in transmission
INP believes that TotalEnergies will soon resume Mozambique LNG project
2:15 CAT | 14 Aug 2024
Bangalane was speaking to journalists on Monday during a visit to the future cooking gas (LPG) processing plant that uses raw material extracted from the Pande/Temane natural gas fields.[ Photo: Notícias]
The National Petroleum Institute (INP), the regulatory body for the hydrocarbons sector, believes that conditions are in place for the implementation of the natural gas exploration project on the Afungi peninsula in Cabo Delgado, to resume operations soon.
The project is led by the French major TotalEnergies, whose activities were suspended in 2021 for safety reasons.
Nazário Bangalane, chairman of the INP Board of Directors, says that there is still no date for the resumption of the project, although he has good indications from his contacts with TotalEnergies.
“Based on the contacts we have been having with TotalEnergies at various levels, we believe that conditions are in place for operations to begin soon. However, we cannot give a date yet, but we are working to make it happen as soon as possible,” he said.
Bangalane was speaking to journalists on Monday during a visit to the future cooking gas (LPG) processing plant that uses raw material extracted from the Pande/Temane natural gas fields.
At the moment, the TotalEnergies project is suspended under “force majeure” and Bangalane says he has no information about a supposed layoff of workers, as suggested by some Mozambican media outlets.
Recently, the chairman of TotalEnergies, Patrick Pouyané, also said that the project would be resumed soon, without giving a date, in a context in which negotiations are underway with the credit institutions that had initially committed to providing financial support for the project.
According to Pouyané, the situation in Cabo Delgado is under control, with life returning to normal in the town of Palma.
Source: Notícias
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