The Rompco pipeline will link Mozambique and South Africa
South Africa and Mozambique pre-empt pipeline stake sale
The African neighbours plan greater gas supply cooperation
The Rompco gas pipeline linking Mozambique and South Africa will remain fully owned by state-backed companies, after existing investors pre-empted the sale of an equity stake. South Africa’s Sasol completed a SPA last May for a 30pc equity interest in the Rompco pipeline to “an acquisition vehicle” owned by a consortium of South African energy investment company the Reatile Group and the Ideas Fund, which is managed by African Infrastructure Investment Managers (AIIM). AIIM was formed by South African financial services group Old Mutual and Australia’s Macquarie. But now South Africa’s iGas—a subsidiary of the state-owned Central Energy Fund (CEF)—and Companhia Mocambicana de Gasoduto (CMG)—
Also in this section
10 September 2024
The third part in the second chapter of our history of oil looks at the US shale revolution and ‘declaration of cooperation’ that created OPEC+
9 September 2024
We pick up the story of the history of oil with the response of consumer countries to the 1973 embargo, with the creation of the IEA proving the adage that every action has a reaction
9 September 2024
Continuing our 90th anniversary deep dive into the history of oil, the first part of our second chapter covers the post-war world and the beginnings of OPEC
9 September 2024
While greater focus on decarbonisation is likely, economic pressures and huge debt burden could squeeze energy policy ambitions
