Sasol and the Central Energy Fund sign strategic MOU to accelerate gas development in South Africa


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,’ said Dr Ishmael Poolo, Group Chief Executive of CEF.  

‘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.’

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.

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Source: Energypedia

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