SacOil plans Mozambique-SA pipeline scheme


Issue 291 - 18 Dec 2014 | 3 minute read

With a plummeting oil price making life difficult for Africa’s explorers, SacOil Holdings is looking at developing a pipeline to import Mozambican gas into South Africa as a strategy to diversify its portfolio. On 3 December it signed a joint development agreement (JDA) with South Africa’s Public Investment Corporation, which has a significant shareholding in the company, and Instituto de Gestão das Participações do Estado (Igepe), the investment arm of the Mozambican government, with the aim of evaluating the technical and commercial feasibility of the project.

Tagged with:

Pin Mozambique

Want to read more?

Subscribe to African Energy

View subscription options

Don't have an account?

Register for access to our free content

An account also allows you to view selected free articles, set up news alerts, search our African Energy Live Data power projects database and view project locations on our interactive map

Register