[miningmx.com] – SASOL, the JSE-listed petrochemical group, said it would explore for oil and gas in South Africa’s KwaZulu-Natal province following signing of an exploration permit granted by the Petroleum Agency South Africa (PASA).
“This is Sasol’s first operated exploration right licence in South Africa for at least a decade,’ said Ebbie Haan, MD at Sasol Petroleum International, Sasol’s upstream oil and gas subsidiary.
The exploration will be on the east coast of the province which sits at the southern end of the Mozambique channel where significant gas discoveries have been made in the past few years, Sasol said. The exploration permit is for three years.
