- Sasol completed a pre-feasibility study on Boegoebaai's green hydrogen/ammonia potential.
- Mizuho International is appointed to find partners for co-investment and further studies.
- Boegoebaai is designated as a Strategic Integrated Project in South Africa's Northern Cape.
- The project aims to establish a global green hydrogen hub adjacent to a planned deepwater port.
Project Overview
Sasol has completed a pre-feasibility study for the Boegoebaai green hydrogen and ammonia export project, confirming its technical and economic viability. The project is located in the Northern Cape Province of South Africa, within a proposed Special Economic Zone (SEZ) adjacent to a planned deepwater port.
Partnership Search
To advance the project, Sasol has appointed Mizuho International plc as a financial advisor. Their role is to support the search for international partners to co-invest and conduct further studies, which are crucial for the project's development.
Strategic Importance
The Boegoebaai Green Hydrogen Programme was designated as one of South Africa's Strategic Integrated Projects (SIP) in December 2022. This classification and its prime location are key enablers for establishing Boegoebaai as a global green hydrogen hub.
Alignment with National Goals
The project aligns with South Africa's ambitions to become a significant producer and exporter of green hydrogen. Sasol's strategy under the 'Reinvent' pillar includes advancing studies to develop both local and export opportunities in the region.
