The manager spoke to the press at the end of a meeting with the Economy and Finance Committee of the National Assembly, reaffirming the company's commitment to renewable energies and guaranteeing that the oil company wants to become a multi-energy company.
One of Total's goals is to achieve carbon neutrality by 2050. "We have a 40 megawatt solar project already identified in Lubango, an assumption that is part of the country's strategic ambition from 2025 to 2030", he said, quoted by Angop.
Olivier Johny also stated that this project – which will take investment not only to the province of Huíla but also to Huambo – is part of a partnership with the national concessionaire, Sonangol.
Oil and gas are still an objective
The bet on renewable energies does not neglect Total's 'core business': oil. Olivier Johny expressed the oil company's interest in blocks 17 and 32. "Our commitment is to continue to make investments in Angola. We represent 45 percent of the country's oil production and our mission is to continue with these investments to maintain our level of production ", he stated.
Total will also continue research in blocks 20 and 21, in the Kwanza basin, and in block 29, in the Namibe basin. "We will continue this research activity to try to find oil and perhaps gas, it is true that the country's potential is more oil, but there are also gas resources".
With regard to gas, the official added that the company has been working with other oil companies operating in the country, in order to launch a new consortium that will allow "to take more gas" to the Angola LNG factory in Soyo.
At the end of the meeting, the president of the Economy and Finance committee of the National Assembly, Ruth Mendes, classified the meeting as fruitful. "Basically, we get to know how Total's oil production is going and about the investments it intends to make in renewable energy sources in the country", she said, also quoted by Angop.
According to the official, the deputies were also informed about the legal framework to be created taking into account new sources of renewable energy, as well as the carbon credit projects that Total intends to implement in Angola, similarly to what it does in Congo. .