South Africa: Sasol signs exploration right on East Coast
Issue 266
- 26 Nov 2013
| 1 minute read
Sasol Petroleum International has signed an exploration right permit to explore for hydrocarbons in the Durban and Zululand basins offshore KwaZulu-Natal province on South Africa’s east coast. The Petroleum Agency SA granted the permit for an initial period of three years.The Durban and Zululand basins are of interest because they sit at the southern end of the Mozambique Channel. Sasol has exploration and production acreage further north, onshore and offshore in Mozambique. “This is Sasol’s first operated Exploration Right licence in South Africa for at least a decade,” said Sasol Petroleum International managing director Ebbie Haan. Sasol was granted a technical cooperation permit in 2011 for an area covering 83,000km2.
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