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    AllAfrica: Mozambique: Contract On Sale of Gas to EDM

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Summary

Mozambique's National Hydrocarbons Company (ENH) will sell two million gigajoules of natural gas a year to the publicly owned electricity company, EDM

by: Sruthi

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Press Notes, Africa

AllAfrica: Mozambique: Contract On Sale of Gas to EDM

Mozambique's National Hydrocarbons Company (ENH) will sell two million gigajoules of natural gas a year to the publicly owned electricity company, EDM, which will be used to generate power at the Ressano Garcia thermal power station (CTRG), on the border with South Africa.

A contract to this effect was signed in Maputo on Monday by the chairpersons of the two companies, Nelson Ocuane of ENH and Gildo Sibumbe of EDM

According to an ENH press release, the contract is for the 2015-2017 period, and is renewable. The release did not disclose how much EDM will pay for the gas.

The CTRG, built at a cost of 250 million US dollars, was inaugurated in August, and is 51 per cent owned by EDM and 49 per cent by the South African petro-chemical giant Sasol.
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