RESSANO GARCIA, Mozambique,
August 28, 2014 /PRNewswire/ --
Earlier today, the President of the Republic of Mozambique, Armando Guebuza, and the
Mozambican Minister of Energy, Salvador Namburete, joined the
chairman of the Mozambican state power utility, Electridade de
Mozambique (EDM), Augusto Fernando de Sousa and the President and
CEO of Sasol, David Constable, at
the inauguration of Central Térmica de Ressano Garcia (CTRG).
The CTRG power plant, which is a partnership between EDM (51%)
and Sasol (49%), represents Mozambique's first permanent large-scale
gas-to-power facility in Ressano Garcia, which is on the border
between Mozambique and
South Africa.
Natural gas will be supplied to the new power plant from the
Sasol-operated central processing facility (CPF) in Temane in the
Inhambane province. Together with its partners, Sasol has expended
approximately US$3 billion in capital
investments, which include the development and expansion of the CPF
and natural gas fields in Southern
Mozambique, the construction of a cross-border pipeline, and
the completion of the CTRG gas-to-power project.
The 175MW gas-fired power plant will supply electricity to more
than two million Mozambicans - this equates to 23% of the country's
current demand. The Mozambican economy is one of the fastest
growing on the African continent, and is seeing electricity demand
increasing by approximately 14% annually.
The opening of the CTRG power facility comes as Sasol celebrates
its 10th anniversary of developing the Temane and Pande
stranded gas fields in Mozambique,
through strong in-country partnerships and its technical expertise.
The company's investments over the past decade have contributed to
the creation of a favourable investment climate for Mozambique, while establishing an exploration
and natural gas production sector in the region. These investments
also serve to support economic growth and development in both
Mozambique and South Africa.
Sasol President and CEO, David
Constable said, "By working together with our Mozambican and
South African partners, we are well-placed to unlock the ultimate
potential of Mozambique's
hydrocarbon resources in an integrated and sustainable manner,
which will benefit not only the country but the broader
region."
EDM Chairman Augusto Fernando de
Sousa commented, "Despite Mozambique's extensive hydrocarbon
resources, EDM is currently experiencing an electricity deficit
which necessitates importing power. CTRG will help enhance the
country's energy self-sufficiency and will also help to diversify
our energy base."
The gas-fired power plant is expected to reach beneficial
operation in October this year.
About Sasol:
Committed to excellence in all we do, Sasol is an international
integrated energy and chemical company that leverages the talent
and expertise of our more than 33 000 people working in 37
countries. We develop and commercialise technologies, and build and
operate world-scale facilities to produce a range of product
streams, including liquid fuels, high-value chemicals and
low-carbon electricity.
While remaining committed to our home-base of South Africa, Sasol is expanding
internationally based on a unique value proposition.
Issued by:
Alex Anderson, Head of Group
Media Relations
Direct telephone +27-(11)441-3295
Mobile +27-(0)71-600-9605
alex.anderson@sasol.com