By Adria Calatayud

Sasol Ltd. said Wednesday that it has agreed to sell its indirect beneficial interest in the Escravos gas-to-liquids plant in Nigeria to Chevron Corp.

The South Africa-based petrochemical and energy company said it will continue to support Chevron in the performance of the plant.

Sasol said divestment processes are under way with respect to its interests in Republic of Mozambique Pipeline Investment Company (Pty) Ltd. pipeline and the Central Termica de Ressano Garcia gas-fired power plant in Mozambique. Partnering discussions in relation to Sasol's base-chemicals assets in the U.S. are advanced, the company said.

Write to Adria Calatayud at adria.calatayud@dowjones.com

(END) Dow Jones Newswires

July 01, 2020 10:21 ET (14:21 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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