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South Africa’s Sasol invests $2.4m in domestic gas production in Mozambique
7:13 CAT | 24 May 2017
Courtesy photo Sasol
The Mozambican Minister of Mineral Resources, Letícia Klemens, has said South Africa’s petrochemical giant Sasol is investing $2.4 million in the construction of a gas processing plant in Mozambique, APA can report on Tuesday. According to local media reports, Klemens made the announcement on Tuesday during a visit to the petrochemical company, and that the new project is to start in 2019.
State-controlled daily newspaper Noticias says Sasol is currently investing in the opening of new natural gas wells and in the assembly of new pipelines, and consequently in the increase of production and the infrastructure for the domestic gas processing and light oil.
“The start-up of this project will improve the conditions for the supply of cooking gas for domestic use by placing the selling prices of this product at the level of the most disadvantaged population”, Klemes reportedly said.
Mozambique sees the $1.2 billion natural gas project headed by Sasol in Inhambane as central for reviving hopes for its economic growth.
Sasol in partnership with the Mozambique Hydrocarbon Company (ENH) has completed building an 856 km pipeline to transport gas from Temane and Pande, to its fuel complex in Secunda across the border in South Africa.
Source: APA
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