Name of the Project
Production sharing agreement (PSA) development project.

Location
Inhambane, in Mozambique. Sasol plans to optimally develop the light oil and gas resources contained in the Inhassoro, Temane and Pande fields.

Project Owner/s
Sasol Petroleum Mozambique is the operator of the PSA, which is a licence holding in the province of Inhambane, Mozambique, containing light oil and gas resources.

Project Description
This project will entail Mozambique in-country monetisation of gas through a 450 MW gas-fired power plant, Central Térmica de Temane (CTT).

Another key objective is to enable the production of liquefied petroleum gas (LPG) for domestic consumption. This requires the construction of a new light oil, gas and LPG processing facility and associated surface facility infrastructure.

The balance of the gas produced will be exported to South Africa to sustain Sasol’s operations. 

Potential Job Creation
The project will employ more than 3 000 Mozambicans until 2024. 

Capital Expenditure
The project cost is estimated at $760-million and is within the scope of the PSA Plan of Development, which was approved by the Council of Ministers’ Resolution Nr 3/2020 of September 29, 2020. 

Planned Start/End Date
The PSA development project is scheduled to start in July 2021, subject to CTT financial close.

Latest Developments
Sasol approved the final investment decision on the PSA in February 2021. 

Key Contracts, Suppliers and Consultants
None stated.

Contact Details for Project Information
Sasol head of group relations Alex Anderson, tel +27 11 441 3295 or email alex.anderson@sasol.com.
Sasol – specialist: group media relations Matebello Motloung, tel +27 10 344 9256 or email matebello.motloung@sasol.com.