Sasol Commences Drilling of Mozambique PSA Licence

Sasol Commences Drilling of Mozambique PSA Licence

South African petrochemicals firm Sasol drilled its first well in its new oil and gas field in Mozambique, the company said in a statement as Reuters reported. This marked the start of its field development plan for its production sharing agreement (PSA) for an integrated oil, liquefied petroleum gas (LPG) and gas project approved by Mozambique’s Council of Ministers, the company said in a statement.

Situated in Mozambique’s Inhambane province, the project is adjacent to Sasol’s existing petroleum production agreement licence. Thirteen production wells will be drilled including a water disposal well during this initial phase, while oil and LPG production facilities will be installed close to the existing Central Processing Facility (CPF).

The plan envisages the development of further hydrocarbon resources that will help to drive the growth of both Mozambique and Southern Africa, BDLive reported.


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