South Africa: SacOil signs gas distribution EoI


Issue 273 - 13 Mar 2014 | 1 minute read

South Africa’s SacOil on 19 February signed an expression of interest (EoI) with the Instituto de Gestão das Participações do Estado (Igepe), which manages investment portfolios and shares on behalf of the government of Mozambique, and South Africa’s Public Investment Corporation (PIC), to investigate gas opportunities relating to the future distribution of gas in southern Africa. The PIC is the largest fund manager in Africa and is wholly owned by the South African government. SacOil’s non-executive chairman is former South African Reserve Bank governor Tito Mboweni, and its shares are listed on the Johannesburg Stock Exchange and London’s Alternative Investment Market.

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