Mozambique: Construction of oil pipeline to South Africa begins this year

29 July 2008

Maputo, Mozambique, 29 July – Construction of the oil pipeline costing US$600 million between Mozambique and South Africa is due to begin at the end of the year, state company Petróleos de Moçambique (Petromoc) said Friday in Maputo.

The pipeline will link the Mozambican capital Maputo to the Quendal region of South Africa’s Gauteng province, the country’s economic heart where Johannesburg and Pretoria are located.

The chief executive of Petromoc, Casimiro Francisco, said that the pipeline, which will carry some 6 billion litres of fuel per year to Gauteng, was vital to drive economic growth in the region.

Casimiro also said that although the pipeline would fundamentally serve South Africa there were other countries in the region, such as Botswana, interested in building an extension from South Africa.

This project, which has an overall cost of US$1.5 billion, is a joint venture between Petromoc and South African companies.(macauhub)

MACAUHUB FRENCH