Continental Focus, International Reach

Sasol Picks Up New Acreage in Mozambique

Monday, November 12, 2018

Sasol has been awarded two new licenses for gas exploration in Mozambique. The South African firm has been given the greenlight to explore on acreage covering more than 3,000 sq km in southern Mozambique.

The company has also been awarded a block offshore the country in the Angoche Basin covering an area of about 5,100 sq km. Sasol holds 70% interest in the first block and 25.5% in the second.

According to Business Day, Sasol’s executive VP for upstream, Jon Harris, said on the sidelines of the Africa Oil Week conference, that the company was excited about the block in southern Mozambique because it was adjacent to its gas-producing Pande and Temane fields.

“We know there is a hydrocarbon system in the vicinity of this block so we know there is a very good chance we might find some more gas.”The production license for Pande and Temane, which was due to expire in 2022, has now also been extended for 20 years, Harris said.


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