South Africa and Mozambique pre-empt pipeline stake sale
The African neighbours plan greater gas supply cooperation
The Rompco gas pipeline linking Mozambique and South Africa will remain fully owned by state-backed companies, after existing investors pre-empted the sale of an equity stake. South Africa’s Sasol completed a SPA last May for a 30pc equity interest in the Rompco pipeline to “an acquisition vehicle” owned by a consortium of South African energy investment company the Reatile Group and the Ideas Fund, which is managed by African Infrastructure Investment Managers (AIIM). AIIM was formed by South African financial services group Old Mutual and Australia’s Macquarie. But now South Africa’s iGas—a subsidiary of the state-owned Central Energy Fund (CEF)—and Companhia Mocambicana de Gasoduto (CMG)—

Also in this section
1 August 2025
A number of companies have filed arbitration claims against Gazprom over non-deliveries of contracted gas or other matters—and won. The next step is to collect the award; this is no easy task but it can be done thanks to an international legal framework under the New York Convention.
1 August 2025
Europe’s refining sector is desperately trying to adapt to a shifting global energy landscape and nowhere is this more apparent than in its largest economy
1 August 2025
The Middle East natural gas playbook is being rewritten. The fuel source offers the region a pathway to a cleaner, sustainable and affordable means of local power, to fasttrack economic development and as a lucrative opportunity to better monetise its energy resources.
31 July 2025
TotalEnergies is an outlier among other majors for remaining committed to low-carbon investments while continuing to replenish and expand its ample oil and gas portfolio, with an appetite for high risk/high return projects.