Which banks has Sasol appointed to lead the debt financing for its Mozambique natural gas project, and what is the total value of the project?

Sasol has appointed the Development Bank of Southern Africa (DBSA) and the Standard Bank Group as Joint Lead Arrangers for the debt financing of the Mozambique natural gas project, which is a $1.2 billion venture involving the governments of Mozambique and South Africa.

What are the key infrastructure and industrial components of Sasol's Mozambique natural gas project, and what is its targeted completion timeline?

The project involves gas field development, an 865 km pipeline, and the conversion of Sasol's chemical industries to natural gas, with the aim of bringing natural gas to South Africa by 2004.

Sasol Appoints Southern African Banks for the Financing of the Mozambique Natural Gas Project

Apr 23, 2026

Sasol secured $1.2 billion financing from the Development Bank of Southern Africa and Standard Bank Group for its Mozambique natural gas project. The initiative involves an 865 km pipeline and converting Sasol's chemical industries to natural gas by 2004.

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