Sasol, the South African Energy and chemicals group says the gas discoveries
in the north of Mozambique are
large enough to support significant additional “gas monetisation”
options over-and-above the liquefied natural
gas (LNG) opportunities currently being considered.
There have been significant gas discoveries
in the Rovuma basin, offshore northern
Mozambique, where it is estimated that there is more than
65-trillion cubic feet of recoverable natural gas, and plans are being advanced for the commercial
development of LNG.
The Group executive for South African energy Bernard Klingenberg said the group was monitoring a
potential role for its proprietary gas-to-liquids (GTL) technology in the Southern
African country, where it already had an operating presence in the gas sector.
“We are actively engaging with role-players
both in southern and northern Mozambique and will, where appropriate,
try to participate in the opportunities that then unfold,” Klingenberg
outlined.
There was also potential for additional gas-to-power opportunities besides the 140MW projects already under construction at Ressano
Garcia.
In an earlier presentation, Sasol CEO David Constable emphasised the group’s established
position in the Mozambique gas market,
highlighting its role in developing the Temane and Pande gasfields and the
associated processing and transportation infrastructure.
With its partners, it had invested US$3-billion
in southern Mozambique, including in the
construction of a pipeline to Secunda. “Sasol’s
cumulative direct contribution to the Mozambican government from 2004 to 2014
was more than US$600-million,” Constable noted.
He also stressed that it had continued growth ambitions
for the country, where it was investing in further exploration and development.
“We have formulated a portfolio of downstream gas commercialisation
options to match our resource estimate. These options include power generation, chemicals and
piped gas, which are all aligned with government
drivers specified in the draft Mozambique gas master
plan.”
By Terence Creamer
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