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Sasol
to Start Drilling Offshore Mozambique
05-03-2008
Sasol will
start drilling three wells in July in deep waters for surveying and prospecting
new natural gas reserves in Mozambique, the company’s director for Mozambique
said.
The test wells would be drilled in blocks 16 and 19, located in Machanga
district (Sofala province) and Vilanculos (Inhambane province), on the east
coast of the Bazaruto archipelago, with a total area of 11,000 square kilometres.
The work, which is the responsibility of Norwegian company Petroleum
Geo-Services, is expected to take 75 days and will be preceded by a seismic
survey carried out this month.
Sasol has since 2004, and for a period of 25 years, held the concession for
exploration and transport of gas in the onshore reserves in Pande and Temane (Inhambane).
An 860 KM gas pipeline was opened linking the wells in Mozambique to the South
African industrial region of Secunda, at a total investment of US$1.2 billion in
2004.
The majority of the company that manages the pipeline is owned by Sasol, and the
Mozambican state, via national oil and gás company Empresa Nacional de
Hidrocarbonetos (ENH), has a 14 percent stake (of the 25 percent available to
Mozambican shareholders)
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