Browsing: Sasol

Extractives The Angoche Basin between Mozambique and Madagascar.
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Mozambique’s Council of Ministers today approved concession contracts for five offshore and one onshore prospective oil and gas blocks in the country, where ExxonMobil, Rosneft, Eni and Sasol are expected to invest at least $700 million over the coming [...]

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Electricity Sasol's gas processing facility at Temane, Mozambique. Photo © Tom Bowker / Zitamar News
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South African gas and petrochemicals company Sasol has confirmed that negotiations are ongoing over a planned 400 megawatt gas-fired power plant in Inhambane province following a report that the company is reducing its financial commitment to the [...]

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Extractives Left to right: Sasol Mozambique country manager Peter Manoogian, joint-CEO Stephen Cornell, joint-CEO Bongani Nqwababa, VP international exploration and production Gilbert Yevi. 
Photo © Tom Bowker / Zitamar News
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South African gas and petrochemicals company Sasol is considering going back on a commitment to to build a liquid petroleum gas (LPG) production facility in Mozambique  - an issue which is causing tension between the company and the [...]

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Extractives The exploration blocks auctioned off in the INP's 5th round
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The Mozambique government has decided to exempt international oil and gas companies from a requirement to list on the Mozambican stock exchange as required under the country’s petroleum law. The confusion over [...]

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Extractives The Council of Ministers in session
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Contracts for the exploration of five oil and gas blocks will be sent to the Mozambican government next week for approval, with ministers asked to rule on the question of whether international oil companies must list on the local bourse. Mozambique [...]

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Extractives Sasol's gas processing facility at Temane, Mozambique. Photo © Tom Bowker / Zitamar News
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South African petrochemicals company Sasol has denied reports that it has been forced to suspend a tender for transporting light oil produced in Mozambique - saying the process is on track, with the full commercial tenders yet to be issued.

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Extractives A map of the Palmeira block in southern Mozambique, from the study produced by Impacto
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Mozambique’s petroleum sector regulator, the INP, has announced that another winner in the country’s fifth oil and gas licensing round has formally quit the country - as reported by Zitamar News in January 2018. In [...]

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