Mining & Energy
Rovuma could propel Mozambique to top LNG producer globally – Standard Bank
Anadarko’s Vice President and Country Manager in Mozambique Steve Wilson (L) with Minister of Industry and Trade Ragendra de Sousa. Photo: Supplied
The Institute for the Promotion of Small and Medium-sized Enterprises (IPEME) and Anadarko Moçambique Área 1, leader of the Mozambique LNG Project, signed today, in Maputo, a memorandum of understanding for the use of the Business Enterprise Centres (COrE) of Maputo and Cabo Delgado, for information, training and assistance of Mozambican small and medium-sized enterprises (SMEs). Anadarko will also provide training and capacity building for Maputo and Cabo Delgado COrE’s personnel as well as the modernisation of Cabo Delgado’s COrE. This memorandum is part of Anadarko’s Supplier Development Program and IPEME’s actions aimed at boosting and developing small and medium-sized enterprises.
At the signing ceremony of the memorandum, the Minister of Industry and Commerce, Ragendra de Sousa, said:
“This act represents another important step to materialise our local content initiatives. The country has been talking about local content and the Government is committed to take advantage of the benefits of this great industry, and that the same opportunity can reach the pocket of the Mozambicans. This agreement provides for the training of Mozambican businesspeople so that later with their tools they can access the opportunities that may arise through the implementation of the Anadarko LNG Project and that SMEs have the capacity to compete equally with the large companies.”
Ragendra de Sousa also said that he hoped that the two sides could operationalise the project in the short term and that it be focused on the legitimate beneficiaries. He also urged the avoidance of excessive bureaucracies in this useful tool for the Mozambican business community and for all Mozambicans in general.
Ragendra de Sousa thanked Anadarko “for having approached an institution of the Government – and not any other institution – to provide resources that can catalyse the development of the local business industry.” Finally, he left the Government’s commitment, through the Ministry of Industry and Commerce, to give due follow-up for the success of the signed memorandum.
Steve Wilson, Anadarko’s Vice President and Country Manager in Mozambique, said: “We are working in partnership with the Mozambican Government and relevant partners to maximise the participation of local content in the Mozambique LNG Project, led by Anadarko. The memorandum that we signed today with IPEME represents the continuation of the joint work between the Mozambican Government and Anadarko to develop Mozambican enterprises in order to increase their capacity and competitiveness to access the opportunities offered by this project and other market opportunities.”
Steve Wilson added, “The development of local suppliers is strategic for Anadarko, as this allow us to contribute to the sustainable development of Mozambique and at the same time bring benefits to our shareholders. Indeed The local acquisition of goods and services is strategic for Anadarko, since replacing high-cost imports can represent significant cost savings. It is also an important catalyst to facilitate job creation for Mozambicans and for the country’s economic growth”.
Anadarko expects to invest about $2.5 billion with Mozambican-owned or registered companies in Mozambique over the five-year of the period of the construction of the plant.
The Institute for the Promotion of Small and Medium-Sized Enterprises IPEME is a public entity with administrative and financial autonomy, established under Decree No. 47/2008, of December 3, aimed at boosting and developing small and medium-sized enterprises .
About Mozambique LNG Project
The Mozambique LNG project will be Mozambique’s first onshore LNG development, initially consisting of two LNG trains with total nameplate capacity of 12.88 MTPA to support the development of the Golfinho/Atum fields, located entirely within Offshore Area 1. This foundational project paves the way for significant future expansion of up to 50 MTPA. The Golfinho/Atum Project will also supply initial volumes of approximately 100 million cubic feet of natural gas per day (MMCFD) for domestic use in Mozambique.
Anadarko Moçambique Área 1, Lda, a wholly owned subsidiary of Anadarko Petroleum Corporation, operates Offshore Area 1 with a 26.5 percent working interest. Co-venturers include ENH Rovuma Área Um, S.A. (15 percent), Mitsui E&P Mozambique Area1 Ltd. (20 percent), ONGC Videsh Ltd. (10 percent), Beas Rovuma Energy Mozambique Limited (10 percent), BPRL Ventures Mozambique B.V. (10 percent), and PTTEP Mozambique Area 1 Limited (8.5 percent).
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