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Sasol Concludes Sale And Purchase Agreement To Sell 30% Interest In ROMPCO Pipeline Sasol South Africa (SSA), a major subsidiary of Sasol, has concluded a sale and purchase agreement (SPA), to sell a 30% equity interest in the Republic of Mozambique Pipeline Company (ROMPCO), subject to pre-emptive rights by other shareholders. ROMPCO is a joint venture between SSA (50%), Companhia Mocambiçana de Gasoduto S.A. S.A.R.L (CMG) (25%) and South African Gas Development Company (SOC) Limited (iGas) (25%). The joint venture owns the 865 kilometre gas transmission pipeline from Mozambique to South Africa. SSA has agreed to sell the 30% interest in ROMPCO to an acquisition vehicle beneficially owned by a consortium comprising Reatile Group Proprietary Limited and the IDEAS Fund, managed by African Infrastructure Investment Managers Proprietary Limited.

South africaSouth africanCompanhia mocambiPaul victorReatile group proprietaryRepublic of mozambique pipeline companyNational energy regulator of south africaAfrican gas development companyAfrican infrastructure investment managers proprietarySasol south africaMozambique pipeline companySouth african gas development companyReatile group proprietary limitedNational energy regulatorSale sharesGroup chief financial officer