Mozambique: CMG and Igas Become Shareholders in Rompco

Maputo — The Mozambican Gas Company (CMG) in partnership with the South African based "iGas", an affiliate of the Central Energy Fund (CEF), will become shareholders of the Republic of Mozambique Pipeline Company (ROMPCO), with holdings of 25 per cent and 40 per cent respectively.

The move comes after a public announcement recently made by Sasol, whereby the South African petrochemical giant declared the conclusion of the sale and purchase agreement of 30 per cent of its shares in ROMPCO, valued at 290 million US dollar.

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