Browsing: Sasol

Electricity The CTRG power plant at Ressano Garcia. Photo: Sasol
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Mozambique’s state utility, EDM, has secured around $200 million from IFC for the refinancing of its 175 MW Central Termoeléctrica de Ressano Garcia (CTRG) power plant in which it holds a 51% stake, the company said in a statement this week. [...]

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Oil & Gas Blocks awarded in the fifth licensing round: INP
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Mozambique’s Council of Ministers agreed on Tuesday to make adjustments to Article 40 of the petroleum tax law to improve the fiscal stability of new oil and gas projects, which should help kickstart new investment in exploration in the country. [...]

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Oil & Gas Sasol's gas processing facility at Temane, Mozambique. Photo © Tom Bowker / Zitamar News
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Drilling results from the first four wells in Sasol’s new project in Mozambique’s province of Inhambane show promising signs of oil and gas “in line with expectations,”  the South African energy company reported in its H2 2017 results on Monday. [...]

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Electricity Sasol's Central Processing Facility in Temane, Inhambane, Mozambique. Photo © Tom Bowker / Zitamar News
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Mozambique’s energy minister will convene a meeting this Thursday and Friday between the country’s energy authorities and international finance institutions to decide the way forward for a proposed 400 MW gas-fired power plant in Inhambane province. [...]

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