Daily Market Updates: Mozambique Pitches Sasol and ROMPCO on $250 Million Gas Project

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Mozambique Pitches Sasol and ROMPCO on $250 Million Gas Project

Reported · Written up by our desk · Energy

Mozambique is in discussions with South African energy firm Sasol and pipeline company ROMPCO to potentially invest in a new $250 million gas project offshore Mozambique that could send more gas to South Africa. Mozambique plans to have floating storage and regasification units (FSRUs) at the new project at the coastal town of Inhassoro and the port of Beira, as the country aims to become a “power hub” for the region, Rudêncio Morais, CEO and chairman of Mozambique’s national oil and gas company, Empresa Nacional de Hidrocarbonetos…

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OilPriceMozambique Pitches Sasol and ROMPCO on $250 Million Gas Project

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Mozambique Pitches Sasol and ROMPCO on $250 Million Gas Project

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