https://newsletter.en.creamermedia.com
Energy|Gas|Gas-to-power|Power|Operations
Energy|Gas|Gas-to-power|Power|Operations
energy|gas|gas-to-power|power|operations

Sasol completes Ressano Garcia gas-to-power divestment

3rd May 2022

By: Schalk Burger

Creamer Media Senior Deputy Editor

     

Font size: - +

Chemicals and energy multinational Sasol says it has completed the divestment of its shareholding in the 175 MW gas-to-power plant Central Térmica de Ressano Garcia (CTRG), in Ressano Garcia, Mozambique, effective April 29.

In December 2020, Sasol announced that a sale securities purchase agreement had been signed with Azura Power for the divestment of Sasol’s equity interest in CTRG.

All conditions precedent have now been fulfilled.

"This transaction is part of the company’s ongoing strategy-aligned asset divestment programme announced in March 2020.

“Sasol remains fully committed to upstream gas operations in Mozambique, which continues to be integral to Sasol’s strategy," the company says.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Projects

Showroom

Weir
Weir

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 
Environmental Assurance (Pty) Ltd.
Environmental Assurance (Pty) Ltd.

ENVASS is a customer and solutions-driven environmental consultancy with established divisions, serviced by highly qualified and experienced...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 22 November 2024
Magazine round up | 22 November 2024
22nd November 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.218 0.319s - 211pq - 2rq
Subscribe Now