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Liquified Natural Gas News
Sasol not in ‘sunset’ phase but transition plans cannot outpace market demand – Baloyi
By: Terence Creamer 5th November 2024 Sasol CEO Simon Baloyi has acknowledged that the group stands at the “threshold” of a potentially difficult energy transition but he has also disputed assertions that the carbon-heavy chemicals and fuel producer has now entered an inevitable “sunset” phase. Speaking at an environmental, social... →
German energy expert says energy transition a mistake
By: Darren Parker 18th October 2024 The energy transition in its current form, as a grid-scale build out of wind and solar with the goal to replace oil, coal, and gas, is probably one of the greatest mistakes that humanity has ever made, German-listed commodity company HMS Bergbau Group shareholder Dr Lars Schernikau said at... →
Sasol’s gas supply and volatile oil raise sustainability risks
By: Bloomberg 18th October 2024 Sasol’s declining gas reserves and its susceptibility to volatile oil prices is drawing scrutiny over the sustainability of the business and its plans to reduce emissions. The South African fuel and chemical maker primarily uses coal in a synthetic production process at its Secunda operations —... →
Total set to back Mozambique LNG terminal to boost gas imports
By: Bloomberg 16th October 2024 TotalEnergies aims to next year approve an import terminal for liquefied natural gas in Mozambique that may help users in neighboring South Africa avoid a potential supply crisis. Gas shipments may flow from the Matola project by the end of 2027, according to Gigajoule, a partner helping develop... →
Transnet companies announce LNG-related projects at Africa Oil Week
By: Rebecca Campbell 11th October 2024 South African State-owned harbours company, Transnet National Ports Authority (TNPA), announced, at Africa Oil Week (AOW) 2024, that it was planning to develop and operate a liquefied natural gas (LNG) terminal at the Port of Richards Bay, in KwaZulu-Natal, on the country’s east coast. (AOW 2024... →
LPG rail line construction on track
11th October 2024 Global liquefied petroleum gas (LPG) value chain company Petredec and South Africa’s State-owned logistics company Transnet announced a ground-breaking rail freight solution last month, that is set to “transform LPG distribution in South Africa”. This landmark project, featuring a dedicated train... →
Opinion: Non-profit gas aggregation imperative for South Africa
8th October 2024 In this opinion article, Industrial Gas Users’ Association of Southern Africa CEO Jaco Human makes the case for pursuing gas aggregation on a non-profit basis, while also urging Eskom and Sasol to collaborate with industry in crafting a solution that is in the national interest. →
South African electricity sector’s migration to multimarket structure under way
By: Schalk Burger 4th October 2024 South Africa's energy market was liberalising and evolving, with State efforts to establish a stable and effective framework and moving at pace on energy transition matters, along with private-sector readiness, prompting the market to anticipate accelerated implementation. Demand aggregation,... →
TotalEnergies CEO to meet Mozambique president to move forward with project in country
By: Reuters 3rd October 2024 TotalEnergies CEO Patrick Pouyanne said he planned to go to Mozambique later this month to meet the country's new president about the company's planned Mozambique LNG project. "The project remains profitable, we remain committed," Pouyanne said at an investor presentation. →
Gas-to-methanol plant to provide industrial feedstock
27th September 2024 Pan-African development finance institution Africa Finance Corporation (AFC) has announced that it is arranging a project development facility to support Africa’s largest gas-to-methanol plant, with the aim of significantly reducing CO2 emissions by offsetting flaring of natural gas and instead... →
Don’t conflate Eskom-Sasol bilateral on LNG with ‘national strategy’ needed to avert gas cliff – IGUA-SA
By: Terence Creamer 25th September 2024 The Industrial Gas Users Association of Southern Africa (IGUA-SA) has welcomed the attention that South Africa’s impending “gas cliff” is finally enjoying from government through Electricity and Energy Minister Dr Kgosientsho Ramokgopa. The body is cautioning, however, against conflating the... →
Sasol and Eskom to explore demand anchors for LNG as part of effort to avert ‘gas cliff’
By: Terence Creamer 20th September 2024 Eskom and Sasol have signed a memorandum of understanding (MoU) to jointly explore the potential to introduce liquified natural gas (LNG) to replace natural gas imports from southern Mozambique, which are currently set to decline sharply from 2027. The MoU was signed by Eskom CEO Dan Marokane and... →
US Ex-Im Bank eyes investment in another Mozambique LNG project
By: Bloomberg 12th September 2024 The US Export-Import Bank is considering funding a liquefied natural gas project led by Eni off the coast of Mozambique, years after investing in an onshore facility to produce the fuel that’s been delayed by security issues and opposed by environmental groups. Eni’s planned Coral North floating... →
Pipeline enhancement to facilitate LNG distribution
By: Nadine Ramdass 30th August 2024 Johannesburg gas supplier Egoli Gas aims to develop the capacity to receive liquefied natural gas (LNG) into its pipeline network, with plans to expand access to other major metropolitan areas (metros), positioning Egoli Gas at the forefront of natural gas distribution in South Africa, says... →
Gas-to-industry project launched in Cameroon
30th August 2024 Independent oil and gas company Perenco Cameroon launched Perenco Group's first gas-to-industry supply project in Central Africa, in July this year. The project involves the delivery of gas from the Bipaga Gas Processing Centre, located in Cameroon and operated by Perenco Cameroon, to the ceramic... →
Legislative support needed to boost industry
30th August 2024 Within the last few months, the South African oil and gas industry has encountered both positive and negative impacts, however, inadequate legislative support presents a major hurdle, says energy advocacy group African Energy Chamber executive chairperson NJ Ayuk. Ayuk highlights multinational... →
President transfers legislation as part of steps to split mineral resources, energy portfolios
By: Creamer Media Reporter 28th August 2024 President Cyril Ramaphosa has transferred legislation previously administered by the Mineral Resources and Energy Minister to Mineral and Petroleum Resources Minister Gwede Mantashe and Electricity and Energy Minister Dr Kgosientsho Ramokgopa respectively. This follows the announcement earlier... →
Sasol extends gas supply plateau to June 2027 but only as ‘bridge’ to LNG imports
By: Terence Creamer 20th August 2024 Energy and chemicals group Sasol has confirmed a yearlong extension, to June 2027, in its gas supply from southern Mozambique to South African industrial customers, which have been warning of a potential gas supply cliff as from next year. However, the JSE-listed group has again reiterated its... →
Aveng to swing back into the black
By: Sabrina Jardim 15th August 2024 International engineering-led contractor Aveng says it expects to report earnings of between A$24.4-million and A$26.9-million for the financial year ended June 30, compared with a loss of nearly A$104-million reported for the 2023 financial year. Further, its headline earnings are expected to be... →
Renergen's JSE share price rises on liquid helium production update
By: Schalk Burger 12th August 2024 Liquefied natural gas (LNG) and liquefied helium company Renergen has announced that its liquid helium production train is now fully operational and accumulating liquid helium inventory for sale to its customers whose ISO-container is scheduled to arrive later this month for filling.... →
Aveng expects to deliver earnings per share profit at financial close
By: Darren Parker 12th August 2024 Construction and mining group Aveng has alerted shareholders that they can expect an earnings a share and headline earnings a share profit for the financial year ended June 30, compared with the loss a share of A$0.82 and headline loss a share of A$0.62 reported for the 2023 financial year.... →
Transnet invites expressions of interest for repurposed Lilly gas pipeline
By: Marleny Arnoldi 6th August 2024 State-owned Transnet’s Pipelines division has invited expressions of interest (EOI) for a strategic project to transition the Lilly gas pipeline from transporting methane-rich gas (MRG) to regasified liquefied natural gas (LNG). The project aligns with Transnet’s commitment to bolster South... →
Steel giant sees first demand ‘green shoots’ in years as GNU prioritises infrastructure and localisation
By: Terence Creamer 1st August 2024 Steel producer ArcelorMittal South Africa (AMSA), which has been bemoaning weak domestic demand conditions for several years, reports that it is witnessing signs of “green shoots” in manufacturing and has also expressed cautious optimism over a potential for a recovery in energy-, construction-... →
Port of Richards Bay moves to diversify beyond bulk exports while bolstering climate resilience
By: Terence Creamer 24th July 2024 The Port of Richards Bay, in KwaZulu-Natal, is progressing with planning for infrastructure and terminal investments aimed at consolidating its position as a bulk export hub for key minerals such as coal and chrome, while also diversifying its activities to include more containers, as well as the... →
Industry advances creation of R10bn-a-year gas company to ensure security of supply
By: Sabrina Jardim 11th July 2024 South African industrial users of natural gas are moving forward with the establishment of a R10-billion-a-year gas-aggregator company to provide the basis for large-scale gas infrastructure investments and transactions. The establishment of this gas aggregator (GasCo) will enable South African... →
Last year was pivotal for the power sector, Energy Council says
By: Schalk Burger 5th July 2024 2023 was a pivotal year for South Africa’s power sector, as unprecedented loadshedding undermined the economy and society, industry organisation the Energy Council of South Africa says. “We can confidently state that we have turned the corner on loadshedding. We have emerged stronger and better... →
Separation of energy portfolio welcomed
By: Creamer Media Reporter 5th July 2024 Engineering News editor Terence Creamer discusses President Cyril Ramaphosa's decision to separate the energy portfolio from that of mineral and petroleum resources; what the priorities are for the new leadership of the energy portfolio; and the potential risks facing the new Ministry. →
Event to highlight key African projects
28th June 2024 The upcoming African Energy Week (AEW): Invest in African Energy 2024 conference will focus on critical industry issues and investment opportunities in Africa's energy sector, including discussion on key energy projects and Africa’s burgeoning green hydrogen industry. The conference will be held... →
System converts LPG to hydrogen
28th June 2024 Hydrogen-focused startup HYENA has successfully developed a process to convert liquid petroleum gas (LPG) into clean electricity using its innovative POWER POD system at its new development facility in Cape Town. “We’re revolutionising clean energy by converting LPG into electricity with our... →
Green Connection petitions court to ‘force’ Nersa, DMRE to supply Karpowership information
By: Darren Parker 5th June 2024 Environmental activist nonprofit organisation the Green Connection has taken the National Energy Regulator of South Africa (Nersa) and the Department of Mineral Resources and Energy (DMRE) to court in an effort to “force” them to supply key information regarding the Karpowership deals.... →
Gas still has a crucial role to play in South Africa’s energy mix – Kearney
By: Darren Parker 23rd May 2024 Gas has an important role to play in South Africa’s energy transition journey, Kearney partner Prashaen Reddy says amid calls for public comments on a draft Gas Master Plan, which was released for comment at the end of April. He notes that the Southern Africa region has had several recent gas... →
Big guns will speak at Enlit
By: Halima Frost 10th May 2024 Advisory and analytics firm Frost & Sullivan, a global strategy consulting and market intelligence firm with a long-standing presence in Africa will again be represented by its partner and Africa CEO Hendrik Malan at this year’s Enlit Africa 2024, which will be held at the Cape Town International... →
Cumulative effort to transform grids a hot topic
By: Halima Frost 10th May 2024 Of the 103 countries that in 2020 pledged to reduce global carbon dioxide (CO2) and methane emissions by at least 30%, 54 are African, says global technology giant Siemens South Africa CEO sub-Saharan Africa Sabine Dall’Omo. These countries have agreed to implement Nationally Determined... →
Renergen successfully producing liquid helium at Virginia project
By: Simone Liedtke 6th May 2024 ASX- and JSE-listed gas producer Renergen is now able to liquify helium in batches from its wells at the Virginia gas project, in South Africa’s Free State province. Since April 2, the original-equipment manufacturer (OEM) that supplied the equipment had brought the helium cold box to the... →
Local supplier establishes LPG division
By: Trent Roebeck 26th April 2024 Eligible small- and medium-sized enterprises (SMEs) in South Africa will benefit from cylinder manufacturer Cylinders4Africa’s (C4A’s) establishing a liquefied petroleum gas (LPG) bulk tank supply division, which is set to start operations in May 2024. The company will also be involved in the... →
Cryogenics technology, expertise crucial in future gas economy
By: Darren Parker 18th April 2024 Cryogenics technology and expertise are becoming increasingly important as South Africa plans on leaning into using liquefied natural gas (LNG) as a major source of energy, Howden senior application engineer Pieter Swart said at mine ventilation solutions developer Howden’s Technology Day, hosted... →
Role of gas in SA’s future energy mix under intense scrutiny
By: Darren Parker 5th April 2024 Given South Africa’s ongoing energy crisis, there remains much debate around whether gas should be included in the future energy mix and, if so, how much. Advocates argue that the fossil fuel is a necessity and a step up from coal – since it produces fewer carbon emissions when burned – but many... →
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