South African multinational SASOL has announced the discovery of another gas reservein the district of Inhassoro, Inhambane province.
The reserve is located in the "khometela" region, on the border between the districts of Inhassoro and Mabote. However, studies are still needed to determine the quantity and commercial value.
Mateus Mosse, Director of Corporate Relations at the company, said that if the results of the studies show exploration capabilities, SASOL will extend the period of production and supply of natural resources.
"It will take around three years for studies to be carried out to determine whether the gas discovered is marketable or not. If it is marketable, SASOL will submit a development plan to be approved by the government. If the discovery in the PT-5C field guarantees production, there will probably be more years of production," he said, quoted by the Portuguese newspaper Radio Mozambique.
On the other hand, he predicted that by 2034 the company will stop exploiting Mozambican gas for South Africa, due to the end of the license granted for this purpose in 2024.
Currently, SASOL produces 197 Gigajoules of natural gas per year. The largest amount is exported to South Africa.
"What SASOL has to do is ensure that by 2034 it is producing that amount. So it has to drill some holes. According to the studies carried out, if there is a decline, additional boreholes must be drilled to maintain this production," he explained, noting the need to ensure compliance with current commitments.
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