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SASOL IS A GLOBAL ENTERPRISE. Listed in Johannesburg and New York Annual turnover in excess of $7 billion Manufactures and produces 200 plus products Gas to liquids technology( GTL) unique to Sasol Employs more than 35 000 employees world wide. SASOL’S INVESTMENT IN MOZAMBIQUE.
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SASOL IS A GLOBAL ENTERPRISE • Listed in Johannesburg and New York • Annual turnover in excess of $7 billion • Manufactures and produces 200 plus products • Gas to liquids technology( GTL) unique to Sasol • Employs more than 35 000 employees world wide
SASOL’S INVESTMENT IN MOZAMBIQUE • Exploration and gas field development • Gas processing facility • Gas transmission pipeline • Commissioning: First Half 2004
VALUE OF THE PROJECT - $1 200mMOZAMBIQUE - $800m Pande $ 238m Temane CPF $ 300m PIPELINE $ 410m Mozambique Republic of South Africa Johannesburg Secunda Maputo $ 250m Richards Bay
KEY SUCCESS FACTORS • Attractive investment environment • Balanced distribution of benefits • Proximity to a developed economy • Effective interaction between Sasol and Mozambican Government TO DELIVER THE NATURAL GAS PROJECT
SHAREHOLDERS & SHAREHOLDINGS Pande Temane CMH 30%Sasol 70% CPF ??? Sasol 100% (CMH option for 30%) PIPELINE 50% (deferred participation) Sasol internal and external markets Potential BEE Sasol 50% CMGiGasBEE + privatisation }50% option Mozambique Republic of South Africa GAS FIELDS Johannesburg Maputo Secunda Richards Bay
Prime Minister MINISTERIAL Key Cabinet Ministers Provincial Governors Central Government GOVERNMENT Provincial Government District Authorities Local Chiefs COMMUNITIES Community Leaders Members INTERFACING WITH MOZAMBIQUE
INSTITUTIONALIZED LIAISON • Project Liaison Committee (PLC) • Provincial Coordinating Committees • Task Teams • Community Liaison Forum
INSTITUTIONALIZED LIAISON • Project Liaison Committee (PLC) • Provincial Coordinating Committees • Task Teams • Community Liaison Forums
CONCLUSION Sasol’s Experience of Mozambique • Serious about development of their country • Positive investment environment attracted Sasol • Contributed towards project implementation