Sasol Sells Interest in the Escravos Gas-To-Liquid Plant in Nigeria to Chevron
July 01 2020 - 10:36AM
Dow Jones News
By Adria Calatayud
Sasol Ltd. said Wednesday that it has agreed to sell its
indirect beneficial interest in the Escravos gas-to-liquids plant
in Nigeria to Chevron Corp.
The South Africa-based petrochemical and energy company said it
will continue to support Chevron in the performance of the
plant.
Sasol said divestment processes are under way with respect to
its interests in Republic of Mozambique Pipeline Investment Company
(Pty) Ltd. pipeline and the Central Termica de Ressano Garcia
gas-fired power plant in Mozambique. Partnering discussions in
relation to Sasol's base-chemicals assets in the U.S. are advanced,
the company said.
Write to Adria Calatayud at adria.calatayud@dowjones.com
(END) Dow Jones Newswires
July 01, 2020 10:21 ET (14:21 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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