TotalEnergies becomes one of the main distributors of fuels in Mozambique

TotalEnergies strengthens its presence in Mozambique with the acquisition of a network of service stations, the sale of petroleum products and BP’s logistics assets.

The transaction involves 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 Matola, Beira and Nacala fuel depots.

These assets complement TotalEnergies’ existing network in Mozambique, which already comprises 57 service stations, as well as its B2B activities. TotalEnergies thus reinforces its position as a leading player in the distribution of petroleum products in the country.

On their visit to Mozambique today, Patrick Pouyanné, Chairman and CEO of TotalEnergies, and the Minister of Mineral Resources and Energy, Ernesto Max Tonela, inaugurated the first station of the new network with the “TotalEnergies” brand. The “24 de Julho” station, located in Maputo, works entirely on solar energy, and has a convenience store, which includes a Bonjour café. TotalEnergies thus has 19 stations that run on solar energy.

«This agreement reflects TotalEnergies’ willingness to continue its investments in the energy sector in Mozambique to implement our multi-energy strategy, through the distribution of petroleum products for mobility, our important liquefied natural gas project Mozambique LNG and the concomitant supply of domestic gas, as well as the opportunities in the field of renewable energies under evaluation. We therefore have the ambition to contribute to the sustainable development of the country and allow access to energy to as many people as possible,” said Patrick Pouyanné, Chairman and CEO of TotalEnergies.

About TotalEnergies in Mozambique

Present in Mozambique since 1991, the Company operates in the Exploration & Production and Marketing & Services segments. TotalEnergies Marketing Moҫambique SA is a major player in the downstream petroleum products market with a nationwide gas stations network, industrial and mining customers, lubricants, and logistics. Prior to this acquisition, TotalEnergies Marketing Moҫambique had an estimated market share of 14 %. TotalEnergies EP Mozambique Area 1 Limitada, a wholly owned subsidiary of TotalEnergies, operates Mozambique LNG with a 26.5% participating interest.

About TotalEnergies

TotalEnergies is a global multi-energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables, and electricity. Our 105,000 employees are committed to energy that is ever more affordable, cleaner, more reliable, and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.

TotalEnergies contacts

Relações com a Imprensa: +33 (0)1 47 44 46 99 | presse@totalenergies.com | @TotalEnergiesPR
Relações com o Investidor: +33 (0)1 47 44 46 46  | ir@totalenergies.com

Cautionary note

The terms “TotalEnergies”, “TotalEnergies company” or “Company” in this document are used to designate TotalEnergies SE and the consolidated entities that are directly or indirectly controlled by TotalEnergies SE. Likewise, the words “we”, “us” and “our” may also be used to refer to these entities or to their employees. The entities in which TotalEnergies SE directly or indirectly owns a shareholding are separate legal entities. TotalEnergies SE has no liability for the acts or omissions of these entities. 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 TotalEnergies SE 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. Information concerning risk factors, that may affect TotalEnergies’ financial results or activities is provided in the most recent Registration Document, the French-language version of which is filed by TotalEnergies SE with the French securities regulator Autorité des Marchés Financiers (AMF), and in the Form 20-F filed with the United States Securities and Exchange Commission (SEC).

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