Paris/Maputo – TotalEnergies is strengthening its presence in Mozambique with the acquisition of the service station network, the sale of petroleum products and the logistics assets of BP.
The transaction concerns a network of 26 service stations, a portfolio of industrial customers and 50% of the capital of SAMCOL, a logistics company previously jointly owned by TotalEnergies and BP, which operates the fuel depots of Matola, Beira and Nacala. .
These assets complement TotalEnergies’ existing network in Mozambique, which already includes 57 service stations, as well as its B2B activities. TotalEnergies thus strengthens its position as a leading player in the distribution of petroleum products in the country.
During his visit to Mozambique today, Patrick Pouyanné, Chairman and CEO of TotalEnergies, inaugurated the first station of the new network under the “TotalEnergies” brand. The “24 de Julho” station located in Maputo is entirely solarized and has a Bonjour café and a shop area. TotalEnergies has 19 solarized stations in Mozambique.
“This agreement reflects TotalEnergies’ desire to continue its investments in the energy sector in Mozambique to deploy our multi-energy strategy there through the distribution of petroleum products for mobility, the major Mozambique LNG liquefied natural gas project and the concomitant supply of domestic gas and renewable energy opportunities being assessed. Our ambition is to contribute to the country’s sustainable development and provide access to energy for as many people as possible,” said Patrick Pouyanné, Chairman and CEO of TotalEnergies
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