Kenya to convert thermal plants to LNG in climate-friendly grid push

KENYA – Kenya plans to retire or convert heavy fuel oil-fired power plants to use liquefied natural gas by 2030 as it pursues a cleaner energy path to a 100% climate-friendly grid. State-owned Kenya Electricity Generating Company (KenGen) is conducting a feasibility study on reconfiguring the thermal power plants that currently account for about 7% of the grid load, said…

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TotalEnergies LNG Mozambique project could resume within 18 months – AfDB

MOZAMBIQUE – TotalEnergies’ liquefied natural gas (LNG) project in Mozambique could be back on track within the next 18 months after African armies were deployed to help quell an insurgency, the president of the African Development Bank (AfDB) has said. The French energy giant declared force majeure on the US$20 billion project in April 2021 after Islamic State-linked fighters overran…

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Total confirms suspension of work on Mozambique LNG project

MOZAMBIQUE – French energy giant Total has confirmed it is suspending work on a massive US$20 billion gas project in northern Mozambique following the latest jihadist assault on a nearby town in March 2021. “Considering the evolution of the security situation, Total confirms the withdrawal of all Mozambique LNG project personnel from the Afungi site,” the company said in a…

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Mozambique and Total agree on resumption of LNG work after security beef up

MOZAMBIQUE – The government of Mozambique and French oil and gas company Total, have announced that construction work will soon resume on natural gas liquefaction plants on the Afungi Peninsula, in the northern province of Cabo Delgado, thanks to additional security measures now being taken in that area. Work on the “Mozambique LNG” project, run by a consortium headed by…

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ExxonMobil postpones final investment decision on Rovuma LNG project once again

MOZAMBIQUE – American multinational oil and gas corporation Exxon has postponed for the third consecutive year the Final Investment Decision on the natural gas exploration project in Mozambique, putting the US$30 billion investment in doubt. According to Bloomberg news agency, which quotes the company’s Senior Vice President Neil Chapman, during a conversation with analysts, there is no forecast on when…

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Energy company Equinor writes off US$922m Tanzania liquid natural gas project

TANZANIA – State-owned Equinor ASA of Norway is writing off its US$982 million liquefied natural gas project in Tanzania (TLNG), as overall economics have not improved sufficiently to justify keeping it on the balance sheet. This will be reflected in adjusted earnings for EPI division in fourth quarter 2020 results. “Equinor will continue to engage Tanzania in negotiations on commercial,…

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