The general manager of ExxonMobil oil company in Mozambique, Arne Gibbs, says that security in the northern province of Cabo Delgado, especially in the area where natural gas projects are being implemented, has improved compared to previous years.
Gibbs expressed his conviction on Wednesday in Pemba, the capital of Cabo Delgado, after an audience granted to him by the President of the Republic, Filipe Nyusi, to discuss issues related to the ongoing operations on the Rovuma LNG project.
“I want to acknowledge what the Defence and Security Forces have already done here in Cabo Delgado. The situation is better than it was years ago. We certainly still have some problems and questions, but I want to congratulate the Defence and Security Forces for what they have already done in coordination with the Rwandan forces,” said the ExxonMobil helmsman.
He emphasised that the company, through Rovuma LNG, has never stopped its operations in Cabo Delgado, and is working hard to develop the project in order to streamline actions, in coordination with TotalEnergies, which stopped its operations due to force majeure, because of security conditions.
“We’re working in coordination with the Defence and Security Forces and the Ministry of Defence and I want to acknowledge the work done in the interests of security,” he said.
Gibbs did not give a date for the Final Investment Decision in Area 4, but assured that work is being done in this direction.
According to the source, ExxonMobil is working with the Mozambican government to help local companies make the most of local content, at a time when TotalEnergies is expected to return.
It should be noted that Area 1 has a target of 13.12 metric tonnes per year and the onshore plan for Area 4 envisages 15 mtpa. Thus, when the projects are fully operational, they will be able to produce more than 30 mtpa.
The American financial consultancy firm Deloitte believes that Mozambique’s natural gas reserves could generate revenues of 100 billion dollars.
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