Mozambique, Zambia to build Beira-Ndola pipeline, a $1.5 billion project
The MoU was signed by Pertamina NRE's CEO John Anis and Guma Group's Executive Chairman Robert Gumede in Bali, Indonesia, on Monday (Sept 2), [Photo: VIVA Indonesia]
A subsidiary of the Bakrie Group, Energi Mega Persada (EMP), has signed an MoU with a South African company, Guma Group, to explore the development of oil and natural gas in the Buzi Block [in] Mozambique, South Africa, a report by Indonesia’s ‘VIVA online reads.
According to the same source, the MoU was signed on the sidelines of the 2nd Indonesia Africa Forum (IAF) and the High-Level Forum on Multi-Stakeholder Partnership (HLF MSP) in Bali on Monday (Sept 2), witnessed by Deputy Foreign Minister Pahala Nugraha Mansyuri.
Meanwhile, Bloomberg had reported ahead of the Indonesia Africa Forum (on Sunday), that” PT Pertamina’s President Director Nicke Widyawati said the company was studying opportunities with Guma Group Ltd. to build a power plant in South Africa, with gas supplied from Mozambique, according to a report by local media outlet Bisnis”.
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The President of Buzi Hydrocarbons Pte (BHPL), Taufan Eko Nugroho Rotorasiko, expressed gratitude that the gas project, aimed at fulfilling the needs for power generation in Mozambique which has been undertaken by Energi Mega Persada already gives satisfactory result.
“We from the Bakrie Group, which has long had business ventures in Mozambique through Energi Mega Persada have officially signed a cooperation agreement with an African company for energy development in South Africa,” Nugroho said, as quoted by tvOne on Tuesday.
Nugroho stated that the work carried out by his team in connection with this cooperation has also proceeded well and is a source of pride. “This can also help Indonesian businesses penetrate the African market,” he remarked.
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