JOHANNESBURG, Sept. 7, 2021 /CNW/ -- Sasol and the Central
Energy Fund (CEF) have signed a memorandum of understanding (MOU)
to collaborate on accelerating the development of gas solutions in
South Africa. This agreement
brings together South Africa's two
leading pioneers of the gas industry that possess deep experience
in operating across the gas value chain, from exploration to
downstream operations.
"At the core of achieving our strategic mandate of ensuring
security of supply is domestic job creation and an approach to the
just energy transition that fosters increasing domestic value
addition. In this regard, gas remains a critical component in our
country's just energy transition journey, and our continued
collaboration with Sasol in unlocking growth in the gas space
remains critical for us in contributing to the achievement of an
optimal energy mix," said Dr Ishmael
Poolo, Group Chief Executive of CEF.
Sasol Executive Vice President: Energy Business, Priscillah
Mabelane, said that Sasol believes that strategic partnerships and
collaboration are necessary to shape a sustainable energy sector,
as South Africa considers pathways
to enable a just energy transition.
"Sasol has had a long-standing relationship with CEF through our
well-established partnership in the Republic of Mozambique Pipeline
Company (ROMPCO) pipeline and looks forward to commencing this next
stage of growth in gas together," added Mabelane.
Gas is a significant contributor to South Africa's energy mix and its importance
is expected to grow. Key focus areas will include future gas supply
options, as well as enabling infrastructure critical to sustain and
grow the gas market. Both companies will explore developing
multiple low-cost gas import locations around the country.
"Gas is instrumental in enabling a just energy transition in
South Africa and requires
immediate attention to introduce additional supply to South Africa. Currently, the country's gas
supply comes from the Pande-Temane gas fields in Mozambique, which will need to be supplemented
in the long term, as these reserves begin to mature," said
Mabelane.
Preliminary global benchmark case studies indicate that
countries experiencing growth in demand for gas have opted for
increasing the number of import locations to serve regional markets
via pipeline. A successful example is India, which currently has six liquefied
natural gas (LNG) terminals in operation, with another four
currently under development to become operational by 2023. This
approach has significant potential for socio-economic development
around these import locations.
Both Sasol and CEF have dedicated resources, overseen by a
senior level steering committee, to collaborate in exploring
options to develop and expand the Southern African natural gas
market.
Issued by:
Matebello Motloung, Manager: Group Media Relations
Direct telephone: +27 (0) 10 344 9256; Mobile: +27 (0)
82 773 9457
matebello.motloung@sasol.com
Alex Anderson, Senior Manager:
Group External Communication
Direct telephone: +27 (0) 10 344 6509; Mobile: +27 (0) 71 600
9605
alex.anderson@sasol.com
About Sasol:
Sasol is a global integrated chemicals and energy company. We
harness our knowledge and experience to integrate sophisticated
technologies and process into our world-scale operating facilities.
We safely and sustainably source, produce and market a range of
high-value product streams in 30 countries, creating superior value
for our customers, shareholders and other stakeholders.
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SOURCE Sasol Limited