fbpx

Mozambique Gas Discovery a Better ‘Monetization Option,’ Sasol Says

Mozambique Gas Discovery a Better ‘Monetization Option,’ Sasol Says

Written by Terence Creamer From Mining Weekly

Energy and chemicals group Sasol 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.

In an interview with Engineering News Online following the release of record interim results, 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 140 MW 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.

Read more at Weekly Mining