SacOil, PIC sign energy MoU with Moz

Engineering News 31 March, 2014.

Independent oil and gas group SacOil and the Public Investment Corporation have entered into a memorandum of understanding (MoU) with the Instituto De Gestão Das Participações Do Estado (IGEPE) aimed at regulating a long-term partnership that will look to develop Mozambique’s natural gas industry through the development of several long-term projects.

he MoU was intended to regulate the relationship between the parties with regard to assuring the supply of natural gas, andenergy security, and “opening up and growing” the industrialand domestic consumer market for natural gas across the country…


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