{"id":1827,"date":"2021-07-02T16:07:43","date_gmt":"2021-07-02T16:07:43","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/?p=1827"},"modified":"2021-07-02T14:04:58","modified_gmt":"2021-07-02T14:04:58","slug":"mozambique-money-for-purchase-of-stake-in-gas-pipeline-to-come-from-investment-fund","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-money-for-purchase-of-stake-in-gas-pipeline-to-come-from-investment-fund","title":{"rendered":"Money for purchase of stake in gas pipeline to come from investment fund"},"content":{"rendered":"

Africa-Press<\/a> – Mozambique<\/a>. <\/strong><\/span>Mozambique\u2019s minister of mineral resources and energy said on Friday that the planned increase in the stake controlled by the state in the gas pipeline to South Africa will be funded by a South African investment fund and repaid from dividend proceeds.<\/p>\n

\u201cIt was possible to obtain funding from an investment fund for the energy area of the South African government that does not carry additional responsibilities for ENH,\u201d the minister, Max Tonela told Lusa, referring to Empresa Nacional de Hidrocarbonetos, the state-owned oil and gas company.<\/p>\n

\u201cOn the part of ENH an assessment was made of the funding options presented by the various banking institutions and the most economic and best option,\u201d is through that fund, he said.<\/p>\n

Companhia Mo\u00e7ambicana de G\u00e1s (CMG), a subsidiary of ENH and South African state company iGas on Monday announced that they were preparing to buy a 30% stake in the gas pipeline that transports gas from Mozambique to South Africa, exercising their right of preference to take over shares held by South Africa\u2019s Sasol.<\/p>\n

According to Tonela, \u201cthe dividend flows associated with the additional shares acquired by either CMG or iGas are higher, over time, than the obligations arising from payment of that financing\u201d of the purchase.<\/p>\n

\u201cAfter an assessment of the economic benefits of the transaction, they decided to exercise this right and, given the strategic nature of the infrastructure for the economic development of the two countries, this operation had the joint support\u201d of the two countries\u2019 governments, he stressed.<\/p>\n

In a news release issued this week, ENH said that the acquisition of the share is valued at just over 4 billion South African rand (\u20ac235 million).<\/p>\n

The pipeline links the Pande and Temane gas fields, in Inhambane province, in southern Mozambique, to South Africa.<\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mozambique. Mozambique\u2019s minister of mineral resources and energy said on Friday that the planned increase in the stake controlled by the state in the gas pipeline to South Africa will be funded by a South African investment fund and repaid from dividend proceeds. \u201cIt was possible to obtain funding from an investment fund […]<\/p>\n","protected":false},"author":84,"featured_media":1826,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[233,281,283],"class_list":["post-1827","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"\nMoney for purchase of stake in gas pipeline to come from investment fund - Mozambique<\/title>\n<meta name=\"description\" content=\"Mozambique\u2019s minister of mineral resources and energy said on Friday that the planned increase in the stake controlled b ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-money-for-purchase-of-stake-in-gas-pipeline-to-come-from-investment-fund\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Money for purchase of stake in gas pipeline to come from investment fund\" \/>\n<meta property=\"og:description\" content=\"Mozambique\u2019s minister of mineral resources and energy said on Friday that the planned increase in the stake controlled b ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-money-for-purchase-of-stake-in-gas-pipeline-to-come-from-investment-fund\" \/>\n<meta property=\"og:site_name\" content=\"Mozambique\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-02T16:07:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2021\/07\/img-60df1cb16a34e.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"775\" \/>\n\t<meta property=\"og:image:height\" content=\"517\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-money-for-purchase-of-stake-in-gas-pipeline-to-come-from-investment-fund#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-money-for-purchase-of-stake-in-gas-pipeline-to-come-from-investment-fund\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Money for purchase of stake in gas pipeline to come from investment fund\",\"datePublished\":\"2021-07-02T16:07:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-money-for-purchase-of-stake-in-gas-pipeline-to-come-from-investment-fund\"},\"wordCount\":312,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-money-for-purchase-of-stake-in-gas-pipeline-to-come-from-investment-fund#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2021\/07\/img-60df1cb16a34e.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-money-for-purchase-of-stake-in-gas-pipeline-to-come-from-investment-fund#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-money-for-purchase-of-stake-in-gas-pipeline-to-come-from-investment-fund\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-money-for-purchase-of-stake-in-gas-pipeline-to-come-from-investment-fund\",\"name\":\"Money for purchase of stake in gas pipeline to come from investment fund - Mozambique\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-money-for-purchase-of-stake-in-gas-pipeline-to-come-from-investment-fund#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-money-for-purchase-of-stake-in-gas-pipeline-to-come-from-investment-fund#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2021\/07\/img-60df1cb16a34e.jpg\",\"datePublished\":\"2021-07-02T16:07:43+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"Mozambique\u2019s minister of mineral resources and energy said on Friday that the planned increase in the stake controlled b ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-money-for-purchase-of-stake-in-gas-pipeline-to-come-from-investment-fund#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-money-for-purchase-of-stake-in-gas-pipeline-to-come-from-investment-fund\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-money-for-purchase-of-stake-in-gas-pipeline-to-come-from-investment-fund#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2021\/07\/img-60df1cb16a34e.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2021\/07\/img-60df1cb16a34e.jpg\",\"width\":775,\"height\":517,\"caption\":\"Mozambique: Money for purchase of stake in gas pipeline to come from investment fund\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-money-for-purchase-of-stake-in-gas-pipeline-to-come-from-investment-fund#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/mozambique\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Money for purchase of stake in gas pipeline to come from investment fund\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#website\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/\",\"name\":\"Mozambique\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/mozambique\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Money for purchase of stake in gas pipeline to come from investment fund - Mozambique","description":"Mozambique\u2019s minister of mineral resources and energy said on Friday that the planned increase in the stake controlled b ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-money-for-purchase-of-stake-in-gas-pipeline-to-come-from-investment-fund","og_locale":"en_US","og_type":"article","og_title":"Money for purchase of stake in gas pipeline to come from investment fund","og_description":"Mozambique\u2019s minister of mineral resources and energy said on Friday that the planned increase in the stake controlled b ...","og_url":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-money-for-purchase-of-stake-in-gas-pipeline-to-come-from-investment-fund","og_site_name":"Mozambique","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2021-07-02T16:07:43+00:00","og_image":[{"width":775,"height":517,"url":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2021\/07\/img-60df1cb16a34e.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-money-for-purchase-of-stake-in-gas-pipeline-to-come-from-investment-fund#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-money-for-purchase-of-stake-in-gas-pipeline-to-come-from-investment-fund"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Money for purchase of stake in gas pipeline to come from investment fund","datePublished":"2021-07-02T16:07:43+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-money-for-purchase-of-stake-in-gas-pipeline-to-come-from-investment-fund"},"wordCount":312,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-money-for-purchase-of-stake-in-gas-pipeline-to-come-from-investment-fund#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2021\/07\/img-60df1cb16a34e.jpg","keywords":["Africa Press","Africa Press-Mozambique","Mozambique"],"articleSection":["all news","economy","homepage-english","twitter"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-money-for-purchase-of-stake-in-gas-pipeline-to-come-from-investment-fund#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-money-for-purchase-of-stake-in-gas-pipeline-to-come-from-investment-fund","url":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-money-for-purchase-of-stake-in-gas-pipeline-to-come-from-investment-fund","name":"Money for purchase of stake in gas pipeline to come from investment fund - Mozambique","isPartOf":{"@id":"https:\/\/www.africa-press.net\/mozambique\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-money-for-purchase-of-stake-in-gas-pipeline-to-come-from-investment-fund#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-money-for-purchase-of-stake-in-gas-pipeline-to-come-from-investment-fund#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2021\/07\/img-60df1cb16a34e.jpg","datePublished":"2021-07-02T16:07:43+00:00","author":{"@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"Mozambique\u2019s minister of mineral resources and energy said on Friday that the planned increase in the stake controlled b ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-money-for-purchase-of-stake-in-gas-pipeline-to-come-from-investment-fund#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-money-for-purchase-of-stake-in-gas-pipeline-to-come-from-investment-fund"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-money-for-purchase-of-stake-in-gas-pipeline-to-come-from-investment-fund#primaryimage","url":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2021\/07\/img-60df1cb16a34e.jpg","contentUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2021\/07\/img-60df1cb16a34e.jpg","width":775,"height":517,"caption":"Mozambique: Money for purchase of stake in gas pipeline to come from investment fund"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-money-for-purchase-of-stake-in-gas-pipeline-to-come-from-investment-fund#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/mozambique\/"},{"@type":"ListItem","position":2,"name":"Money for purchase of stake in gas pipeline to come from investment fund"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/mozambique\/#website","url":"https:\/\/www.africa-press.net\/mozambique\/","name":"Mozambique","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/mozambique\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/posts\/1827","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/comments?post=1827"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/posts\/1827\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/media\/1826"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/media?parent=1827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/categories?post=1827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/tags?post=1827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}