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Inhambane: Sasol Finances More Than 30M Meticals in Land Use Planning Project

Inhambane: Sasol Finances More Than 30M Meticals in Land Use Planning Project

South African petrochemical company Sasol, which explores natural gas in Inhambane province, southern Mozambique, is funding a land-use planning project in five communities in Govuro district with more than 30 million meticals (465,400 dollars).

According to a Radio Moçambique report, the money is destined for the communities of Maluvane, Pande, Colonga, Chimedje and Doane, where a number of initiatives are being developed, including the implementation of basic social services.

‘The work, which consists of opening up access roads and setting up landmarks on some plots, began in July last year and is expected to be completed by the end of October,’ said a statement released on Monday 2 September.

According to the multinational, so far more than 5,000 plots of land have been parcelled out and more than 40 kilometres of access roads have been opened to facilitate the mobility of people and goods.

DE recently reported that Sasol (a chemical and energy products company) has confirmed a one-year extension – until June 2027 – on the supply of gas extracted in southern Mozambique to South African industrial clients, who have been warning of a potential slowdown in the supply of that product from next year.

The Johannesburg Stock Exchange (JSE) listed group has once again reiterated its position that the amount of gas it can supply to industrial customers will decrease as reserves are depleted and can only be replaced by imports of more expensive liquefied natural gas (LNG).

The supply of gas from southern Mozambique to Sasol’s facilities in Sasolburg and Secunda (South Africa) will continue until the mid-2030s, although the group has previously indicated that it was not commercially viable for these to be converted to LNG.

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