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Sasol and partners award condensate sales contract to PETROMOC


Published Sep 14, 2015
Sasol Limited

In a drive to promote local content in Mozambique, Sasol and its partners have entered into an agreement with Petróleos de Moçambique (PETROMOC), Mozambique's state-owned distributor of petroleum products, to purchase condensate from the Central Processing Facility in Temane, Inhambane province.

'Promoting local content is key to ensuring that the oil and gas industry promotes in-county economic development,' said John Sichinga, Senior Vice President, Sasol Exploration and Production International. 'We have been focusing on identifying, and sustaining Mozambican suppliers that can support and help develop our activities and participate meaningfully in the value chain of the growing hydrocarbon industry.

Proposals received were evaluated independently in terms of a set of established criteria by the unincorporated joint venture partners in the Petroleum Production Agreement licence, namely Sasol (70%), Companhia Moçambicana de Hidrocarbonetos (25%) and the International Finance Corporation (5%).

Tags: Sasol Limited




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