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2014-07-04 17:10:00

MOZAMBIQUE: NEW PLANT

MOZAMBIQUE: NEW PLANT

Sasol, the world's biggest producer of motor fuel from coal, is considering a gas-to-liquids plant in Mozambique with Eni SpA of Italy and the southern African country's oil company.

The joint pre-feasibility study will assess the viability of such a plant in the region, Johannesburg-based Sasol said in a statement on its website.

Eni has found about 75 trillion cubic feet of gas offshore Mozambique in a block known as Area 4 of the Rovuma Basin, site of the biggest gas discoveries in a decade.

The country may have 250 trillion cubic feet of reserves,…

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Tags: MOZAMBIQUE, SASOL, ENI, OIL, AFRICA
Chronicle:
MOZAMBIQUE: NEW PLANT
2019, June, 25, 13:10:00
OIL PRICE: NEAR $64 ANEW
Brent crude futures were down 12 cents at $64.74, U.S. crude futures were up 3 cents at $57.93 a barrel.
MOZAMBIQUE: NEW PLANT
2019, June, 25, 13:00:00
US, IRAN SANCTIONS ANEW
the United States had never targeted an Iranian head of state before and that was a sign Trump was getting personal.
MOZAMBIQUE: NEW PLANT
2019, June, 25, 12:55:00
US CAN CLOSE HORMUZ
U.S. President Donald Trump said on Monday that other countries, including China and Japan, should protect their own oil tankers in the Middle East.
MOZAMBIQUE: NEW PLANT
2019, June, 25, 12:50:00
U.S. FINANCIAL RISKS UP
In addition, a number of medium-term risks are growing. The financial system appears healthy but vulnerabilities in leveraged corporates and, potentially, in the nonbank system are elevated by historical standards. An abrupt reversal of the recent supportive financial market conditions or a deepening of ongoing trade disputes represent material risks to the U.S. economy, with concomitant negative outward spillovers. The U.S. public debt-to-GDP ratio is on an unsustainable path and is expected to continue rising throughout the medium-term, as aging related spending rises.
MOZAMBIQUE: NEW PLANT
2019, June, 25, 12:45:00
GAS DEMAND WILL UP 46%
Dr. Sentyurin also highlighted that - according to the Forum’s projections - by 2040, the demand for natural gas is expected to increase at an annual average pace of 1.7%, corresponding to overall growth of 46%. Most of this demand growth will come from the Asia-Pacific region, with Europe continuing to be an attractive market for many gas producers.
MOZAMBIQUE: NEW PLANT
2019, June, 25, 12:35:00
CHINA, BRITAIN NUCLEAR TECHNOLOGIES
UK-based research and development company Innovative Physics Ltd (IPL) and China Environmental Protection Company Ltd (CEPC) have signed an agreement on technologies and skills to further improve the safety of nuclear power plants in China and overseas.
MOZAMBIQUE: NEW PLANT
2019, June, 24, 12:30:00
OIL PRICE: NEAR $65 YET
Brent crude futures rose 0.7% to $65.66 per barrel, near Friday’s three-week high of $65.76, while U.S. crude futures were up 1.1% at $58.07, standing at its highest in over three weeks.
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