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Top News In Mozambique Pipeline Today - Breaking & Trending Today

iGas, CMG acquire Republic of Mozambique Pipeline Co. pipeline

The acquisition will see South Africa’s iGas and Mozambique’s Companhia Mocambic¸ana de Gasoduto hold 40% equity shares in the pipeline. ....

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CEF subsidiary's acquisition of Moz gas group hailed as a win for low-carbon energy

The acquistion of equity in the Republic of Mozambique Pipeline Company by South Africa's iGAS and Companhia Mocambicana de Gasoduto has been hailed as a win for natural gas trade between the countries ....

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Shortage of gas could derail SA's plans to decarbonise

The Pande-Temane gas fields in Mozambique are a major source of gas supply to South Africa, but it is facing declining reserves and supply will be constrained from 2025. ....

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Sasol sells 30% stake in Mozambique pipeline for R5.1bn

Sasol sells 30% stake in Mozambique pipeline for R5.1bn
Sandton-based Sasol has agreed to sell a 30% stake in a pipeline running from Mozambique to South Africa. The pipeline, which carries natural gas, was sold to a group of buyers – including a unit of Old Mutual, reports Bloomberg. The R5,1 bn sale price will go towards the energy company paying down debt. Sasol will continue to operate the 865 km pipeline, will retaining a 20% stake. The other 50% is owned in equal parts by the Mozambican and South African governments, through SOEs. The sale follows the company’s continued commitment toward reducing debt incurred in a US chemicals project. – Jarryd Neves ....

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