South Africa’s Sasol to invest in gas-fired power plant in Mozambique

18 November 2011

Johannesburg, South Africa, 18 Nov – The 140-megawatt natural gas-fired power plant that South African petrochemical group Sasol plans to build in Mozambique is due to start generating electricity at the end of 2013, the director of the future plant said Thursday in Johannesburg.

The plant will be built as part of a partnership with power company EdM, which will own a stake of 51 percent, and director Henri Loubser said during a presentation of the project that the electricity produced at the plant would mainly be consumed within the Mozambican market.

Loubser also said that the South African group would make a decision about this investment in the first half of 2012 and added that the plant would be built in just over 12 months.

The plant will need investment of 1.8 billion rand (US$220.6 million), similarly to the one the group is building in Sasolburg, in South Africa.

In Mozambique the Sasol group explores the onshore natural gas fields of Pande/Temane in Inhambane province. (macauhub)