Mining & Energy
Mozambique: Cahora Bassa IPO distinguished as incentive for economic inclusion
The major contractor charged with the construction of the Total-led Mozambique LNG Project’s initial two train development, along with five of its major subcontractors, have this week presented themselves to business communities in Maputo and Matola.
The organisations presenting at the seminar were:
– CCSJV – contracted for the overall engineering, procurement and construction of the LNG facility
– IFS – Camp Management
– Garda World – Security Services
– Gabriel Couto – Roads Construction
– I-SOS – Medical Services Provider
– Renco Dorce WBHO Consortium – Camp Construction
Each was asked to present its forward plan for the procurement of goods and services and the required standards.
Total’s Mozambique Country Chair, and Managing Director of the Mozambique LNG Project, Ronan Bescond says the dissemination of information relating to contracting opportunities with the Project is a core pillar of its local content plan.
“We want to make sure that local business have the information they need to bid and succeed”.
“The Project expects to award contracts of up to $2.5 billion to Mozambican owned or registered companies over the five year construction period. This represents more than one third of our total onshore contract, with the bulk of the rest being spent on highly specialised, technical goods and services that cannot currently be sourced in Mozambique.
“We already have a very clear idea of how we will allocate about half of that 2.5 billion commitment, including how we will spend the first $750 million with locally owned companies”.
“This is great progress as FID was only taken in June which means the vast majority of contracts have not yet been awarded.”
Total is a major energy player that produces and markets fuels, natural gas and low-carbon electricity. Our 100,000 employees are committed to better energy that is safer, more affordable, cleaner and accessible to as many people as possible. Active in more than 130 countries, our ambition is to become the responsible energy major.
About Total in Mozambique
Present in Mozambique for nearly 30 years, Total Moçambique is a major player in the downstream petroleum products market – gas stations network, industrial and mining customers, lubricants and logistics. Total has an estimated market share of 14%.
About Mozambique LNG
The Mozambique LNG project is on track to be the country’s first onshore LNG development, initially consisting of two trains with a total nameplate capacity of 12.88 million tonnes per annum (MTPA).Source: Total Mozambique LNG / Press Release
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