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Anadarko, Dangote in Path of Cyclone Heading for Southern Africa

Anadarko, Dangote in Path of Cyclone Heading for Southern Africa

(Bloomberg) -- Tropical Cyclone Kenneth, a Category 4 storm bearing down on Mozambique, is set to make landfall later on Thursday.

The hurricane will be the second to hit southern Africa in two months, after Cyclone Idai battered the region in March and left more than 1,000 people dead in Mozambique, Zimbabwe and Malawi. The weather agency in Tanzania has also warned of possible flooding in the storm’s wake.

Anadarko Petroleum Corp., which is developing a multibillion dollar gas project off Mozambique’s coast, and Dangote Cement Plc, Africa’s largest producer of the building material, are among companies that may be affected by the storm.

Companies with activities in cyclone’s path
  • Anadarko, together with Eni SpA and ExxonMobil Corp., is constructing an aerodrome and a resettlement village in Afungi, near the border with Tanzania. Its workforce in the area comprised about 5,000 people in the fourth quarter of 2018, according to the company’s website.
  • Dangote owns a 3 million-ton-a-year factory in the southeast Tanzanian town of Mtwara that is the largest in the East African nation.
  • Companies including Etablissements Maurel et Prom and Wentworth Resources Ltd. operate the Mnazi Bay asset in southern Tanzania, which includes gas-processing facilities and a pipeline.
  • Power infrastructure including transmission lines operated by state-owned Electricidade de Mocambique risks being damaged, according to the National Institute of Meteorology of Mozambique.
  • State-owned Tanzanian utility Tanesco operates an 18-megawatt gas-fired power plant at Mnazi Bay.

--With assistance from Matthew Hill and Brian K. Sullivan.

To contact the reporters on this story: Borges Nhamire in Maputo at bnhamire@bloomberg.net;Ken Karuri in Dar es Salaam at kkaruri@bloomberg.net

To contact the editors responsible for this story: Antony Sguazzin at asguazzin@bloomberg.net, Paul Richardson, John Viljoen

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