Sasol

2022 - 4 - 13

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Image courtesy of "News24"

Sasol drops plan to invest in gas pipeline from Moz to SA (News24)

Sasol will no longer consider gas supply from a planned pipeline stretching from fields in northern Mozambique to its South African operations because it ...

A decline in production from Sasol’s Mozambique gas fields can be supplemented by the LNG from Matola that would be converted back to gas and fed into the main line through a connecting pipe by 2026. Sasol already transports gas to South Africa from Mozambique on the 865-kilometer Rompco pipeline. “It’s a no-regret move because you know that will deplete and then when you don’t need the gas, you don’t develop more gas,” Grobler said.

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Image courtesy of "LatestLY"

Sasol Will No Longer Consider Gas Supply from a Planned Pipeline ... (LatestLY)

The latest Tweet by Bloomberg states, 'Sasol will no longer consider gas supply from a planned pipeline stretching from fields in northern Mozambique to its ...

Sasol drops plan to invest in pipeline in favour of LNG imports (Creamer Media's Engineering News)

Sasol will no longer consider gas supply from a planned pipeline stretching from fields in northern Mozambique to its South African operations because it ...

A decline in production from Sasol’s Mozambique gas fields can be supplemented by the LNG from Matola that would be converted back to gas and fed into the main line through a connecting pipe by 2026. Sasol already transports gas to South Africa from Mozambique on the 865-kilometer Rompco pipeline. “It’s a no-regret move because you know that will deplete and then when you don’t need the gas, you don’t develop more gas,” Grobler said.

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Image courtesy of "Bloomberg"

Mozambique $8 Billion Gas Pipeline's Board Unfazed by Sasol Exit (Bloomberg)

Sasol Ltd.'s decision to reverse plans to use a proposed pipeline that would stretch from fields in northern Mozambique to its South African operations ...

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Image courtesy of "Rigzone"

Sasol Drops Mozambique-South Africa Gas Pipeline Plan (Rigzone)

Sasol will no longer consider gas supply from a planned pipeline from northern Mozambique to its South African operations because it doesn't want to get st.

A decline in production from Sasol’s Mozambique gas fields can be supplemented by the LNG from Matola that would be converted back to gas and fed into the main line through a connecting pipe by 2026. “It’s a no-regret move because you know that will deplete and then when you don’t need the gas, you don’t develop more gas,” Grobler said. Sasol already transports gas to South Africa from Mozambique on the 865-kilometer Rompco pipeline. The company’s focus on options that involve less investment reflects a rapidly changing energy landscape that ultimately will see gas demand follow an exit from coal. Fleetwood Grobler, chief executive officer of Sasol Ltd., during an interview at the company's headquarters in Johannesburg, South Africa, on Tuesday, April 12, 2022. That type of infrastructure will mean that the company will be ‘tied to that for 30 or 40 years because that’s the nature of the investment’, Grobler said in an interview at Sasol’s headquarters in Johannesburg. “Gas in the long term is also a fossil fuel and we said we want to get to net zero.”

South Africa: Fuel Giants Ditches Pipeline Plan, Doubles Down on ... (AllAfrica.com)

The South African based energy and chemical giant says it no longer plans to invest in a planned gas pipeline from Mozambique to South Africa to avoid being ...

Meanwhile, South Africa's plans for a just energy transition have been waylaid by after a recent announcement that there are currently no plans to discontinue the use of coal. Plans between South Africa and Mozambique to utilise LNG began in 2016 when the two countries intended to grow their respective economies and produce jobs. Sasol, the nation's second-largest emitter of greenhouse gases, has targeted a 30% reduction in emissions by 2030.

Sasol drops African Renaissance Pipeline supply, fearing stranded asset (IEEFA)

Sasol Ltd. will no longer consider gas supply from a planned pipeline stretching from fields in northern Mozambique to its South African operations because it doesn't want to get stuck with the infrastructure as the world shifts away from fossil fuels, ...

That type of infrastructure will mean that the company will be “tied to that for 30 or 40 years because that’s the nature of the investment,” Grobler said in an interview at Sasol’s headquarters in Johannesburg. “Gas in the long term is also a fossil fuel and we said we want to get to net zero.” The company, South Africa’s biggest fuel producer, in 2020 said it would potentially buy a small stake in the proposed 2,600-kilometer (1,616-mile) African Renaissance Pipeline — valued at $6 billion in 2016 — connecting to discoveries made by TotalEnergies SE and Eni SpA. TotalEnergies last year suspended the development of its find due to an Islamist insurgency. Sasol Ltd. will no longer consider gas supply from a planned pipeline stretching from fields in northern Mozambique to its South African operations because it doesn’t want to get stuck with the infrastructure as the world shifts away from fossil fuels, Chief Executive Officer Fleetwood Grobler said.

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