LAKE ALBERT DEVELOPMENT PROJECT: NEW MAJOR MILESTONES ARE REACHED BETWEEN GOVERNMENT OF UGANDA AND TOTAL
Kampala, September 11, 2020 – During a meeting between President Yoweri Museveni and Patrick Pouyanné, Chairman and CEO of Total, the Government of Uganda and Total have reached an agreement on the conditions of entry of the Uganda National Oil Company (UNOC) in the project as well as on the Host Government Agreement (HGA) which will govern the export pipeline project in Uganda.
"We have today reached major milestones which pave the way to the Final Investment Decision in the coming months. We now look forward to concluding a similar HGA with the Government of Tanzania and to completing the tendering process for all major engineering, procurement and construction contracts." expressed Pierre Jessua, Managing Director of Total E&P Uganda.
The conditions are set for the ramp-up of project activities and in particular, we will resume the land acquisition activities in Uganda while respecting the highest human rights standards. Total E&P Uganda reiterates its willingness to pursue a constructive dialog with the communities and NGOs regarding all project activities.
-Ends-
* * * * *
About Total in Uganda
Total has been present in Uganda since 1955 through its marketing operations and has 200 service stations countrywide. Total E&P Uganda is an upstream affiliate which is leading the development activities towards production in the Tilenga project area - Exploration Area 1 (EA-1) and Exploration Area 2 North (EA-2N) within the Albertine Region.
About Total
Total is a broad energy Group 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.
* * * * *
FOR FURTHER INFORMATION PLEASE CONTACT;
Total E&P Uganda
Anita KAYONGO / Corporate Communications Manager / +256794888109 / [email protected]
Linda NABIRYE/ External Communications Coordinator / +256794888160 / [email protected]
Cautionary note
This press release, from which no legal consequences may be drawn, is for information purposes only. The entities in which TOTAL S.A. directly or indirectly owns investments are separate legal entities. TOTAL S.A. has no liability for their acts or omissions. In this document, the terms “Total” and “Total Group” are sometimes used for convenience where general references are made to TOTAL S.A. and/or its subsidiaries. Likewise, the words “we”, “us” and “our” may also be used to refer to subsidiaries in general or to those who work for them.
This document may contain forward-looking information and statements that are based on a number of economic data and assumptions made in a given economic, competitive and regulatory environment. They may prove to be inaccurate in the future and are subject to a number of risk factors. Neither TOTAL S.A. nor any of its subsidiaries assumes any obligation to update publicly any forward-looking information or statement, objectives or trends contained in this document whether as a result of new information, future events or otherwise.