JSE-listed petrochemicals group Sasol says South African gas development company iGas and Companhia Mocambiçana de Gasoduto (CMG) have exercised their pre-emptive right to acquire a 30% equity interest in the Republic of Mozambique Pipeline Company (Rompco) pipeline.
The companies exercised this right after Sasol announced in May last year that its subsidiary, SSA, had agreed to sell a 30% equity interest in Rompco to an acquisition vehicle beneficially owned by a consortium.
