Maputo, Mozambique, 29 Oct – South African petrochemical company Sasol plans to invest 1.6 billion rand over the next two years in natural gas production in the South of Mozambique, Radio Moçambique reported Friday.
The director of Sasol in Mozambqiue, Mateus Zimba, told the station that the planned investment aimed to double gas production.
Sasol, in association with Mozambique’s Companhia Nacional de Hidrocarbonetos, has explored natural gas since 2004 in Temane and Panda, in Inhambane province, which is sent to South Africa via a pipeline.
The work on expanding Sasol’s project will be concluded in 2010. (macauhub)