Sacoil Holdings

The SACOIL Holdings group will conduct a technical and commercial feasibility study alongside the Mozambican and South African authorities for construction of a gas pipeline linking northern Mozambique to South Africa, said the South African group in a statement. The project intends to harness the commercial potential of the natural gas reserves discovered in the Rovuma sedimentary basin in the Mozambican province of Cabo Delgado, and involves construction of a 2,600-kilometer costing an estimated US$6…