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Liquified Natural Gas News
Renergen, CEF one step further in advancing agreement for Virginia gas project
By: Simone Liedtke 10th August 2022 South Africa’s Central Energy Fund (CEF) has completed its due diligence on its R1-billion investment in emerging integrated energy producer Renergen’s Virginia gas project. Marking a major step towards finalising the agreement between Renergen and the CEF, both parties have now started engaging... →
Nedbank sees South Africa clean energy loans jump to R50bn
By: Bloomberg 1st August 2022 Nedbank Group wants to almost double its lending to green energy projects in South Africa over the next two years as it seeks to cement its position as a market leader in funding renewable power projects. The bank’s lending toward the government’s Renewable Independent Power Producer Programme –... →
Transnet Pipelines seeking partnership for LNG terminal in Richards Bay
By: Tasneem Bulbulia 29th July 2022 Transnet Pipelines (TPL), an operating division of Transnet, is participating in the planned Section 56 process for Request for Proposals (RFP) issued by Transnet National Ports Authority (TNPA). TNPA is seeking a terminal operator to design, develop, build, finance, operate, maintain and... →
Environmental ambiguities, inclusion of gas in new energy plan of concern for organisations
By: Donna Slater 27th July 2022 President Cyril Ramaphosa’s plan to arrest a degradation in the prevailing electricity generation deficit issue in South Africa has been welcomed by several organisations as a measure that took into account consultation from various perspectives, as well as one that addresses rolling out new... →
Natref supply partially restored, Sasol’s full-year production decreases
By: Donna Slater 25th July 2022 Chemicals and petrochemicals producer Sasol reports that crude oil supply has been partially restored from its majority-owned Sasolburg-based Natref refinery, after the company declared a force majeure on the supply of petroleum products to its commercial customers on July 15. Natref, impacted... →
Company to pilot zero-emissions heavy duty hydrogen trucks
22nd July 2022 Industrial and specialty gases supplier Airgas has signed an agreement with zero-emissions hydrogen fuel cell powered commercial vehicles supplier Hyzon Motors to pilot two heavy duty hydrogen fuel cell trucks, including one 100 kW fuel cell truck and the first Hyzon 200 kW hydrogen fuel cell... →
New gauge assembly protects people and the environment
By: Mandisa Nyathi 22nd July 2022 Measuring instruments supplier Wika Instruments has launched its new Emission Control Gauge, referred to as the Emico gauge pressure measuring assembly, to ensure safety for people and the environment in critical processes, says Wika product specialist Sagadevan Kanniappen. →
Ivanhoe and Renergen deal falls flat
By: Esmarie Iannucci 18th July 2022 Canadian miner Ivanhoe Mines’ play to get a majority stake in ASX- and JSE-listed Renergen has failed. The two companies in March this year announced a strategic investment agreement under which Ivanhoe obtained an initial 4.35% interest in Renergen for a $13-million investment. →
Africa can increase natural gas supply, exports to Europe
By: Schalk Burger 15th July 2022 Export capacity constraints currently hamper some African countries from increasing their exports of natural gas and liquefied natural gas and, while exploration has dropped off, new gasfield discoveries present an opportunity for Africa to grow the supply of natural gas to Europe, said energy... →
Africa needs all hands on deck to meet 2030 energy goals
By: Schalk Burger 15th July 2022 To achieve universal energy access by 2030, Africa will need a range of technologies and policy changes that open national grids to private participation, enable the establishment of microgrids and move to regional power trading and power pools, energy industry experts highlighted during a... →
Renergen achieves gas-to-plant milestone at Virginia project
By: Simone Liedtke 11th July 2022 Emerging integrated energy producer Renergen has achieved the natural gas to plant milestone at its Virginia project, in South Africa’s Free State province. Gas to plant was achieved on July 8 and signified by the opening of the main inlet line from the gas gathering system to the process plant... →
Global natural gas demand set for slow growth in coming years, IEA report shows
By: Tasneem Bulbulia 5th July 2022 Global natural gas consumption is expected to contract slightly this year and grow slowly over the following three years as Russia’s war in Ukraine pushes up prices and fuels fears of further supply disruptions, the International Energy Agency (IEA) states in its latest ‘Gas Market Report’. The... →
G7 to allow fossil-fuel financing if climate pledges are kept
By: Bloomberg 28th June 2022 Group of Seven (G7) nations are set to allow some exceptional public financing of overseas fossil-fuel projects to continue provided that the investments are consistent with prior climate-change agreements, according to people familiar with the matter. The final text of the leaders’ statement,... →
GreenYellow secures contracts with Retailability, PPC Cement in South Africa
By: Schalk Burger 24th June 2022 Energy efficiency, services and solar photovoltaic solutions company GreenYellow has secured two contracts in South Africa, including a seven-year energy efficiency partnership agreement with retail investment holding company Retailability that will provide 16 GWh of annual energy savings,... →
PASA welcomes recognition of natural gas’ role in Africa’s energy transition
By: Tasneem Bulbulia 21st June 2022 Industry organisation the Petroleum Agency SA (PASA) has welcomed the release of the International Energy Agency (IEA)’s ‘Africa Energy Outlook 2022’ report, which outlines possible pathways for Africa’s energy system that are consistent with both the pressing need for a transition to a cleaner... →
Gas can meet commercial and industrial energy needs
By: Nadine Ramdass 17th June 2022 While there are various sources of energy, gas remains one of the primary sources that can sustain a large amount of industrial and commercial requirements, says consulting service provider Synergy oil & gas consulting and training GM Ismaeel Fataar. He explains that a strong ripple effect from... →
Increased interest in gas-powered generators
By: Nadine Ramdass 17th June 2022 Since the lifting of the own-generation licence threshold to 100 MW, interest in using gas for embedded power generation has increased significantly, says gas engine and hybrid power plant specialist Clarke Energy business development manager Kara Neale. The high efficiency of gas-powered... →
Committee welcomes appointment of Jacob Mbele as DMRE director-general
By: Tasneem Bulbulia 10th June 2022 Portfolio Committee on Mineral Resources and Energy chairperson Sahlulele Luzipo has welcomed the appointment of Jacob Mbele as director-general of the Department of Mineral Resources and Energy (DMRE), saying he believes Mbele’s illustrious career at the DMRE qualifies him for the position.... →
Renergen says gas project can catalyse Free State manufacturing revival
By: Simone Liedtke 3rd June 2022 Emerging integrated energy producer Renergen is confident that its Virginia gas project, in the Free State, will become a catalyst for “more than just gas” in South Africa, with CEO Stefano Marani expressing optimism about the project’s positive impact on the province as it develops into a... →
Karpowership slates South African government over project delays
By: Bloomberg 2nd June 2022 Karpowership, the world’s biggest supplier of floating gas-fired power plants, said some South African government agencies have stalled its projects and their conduct isn’t conducive to creating an attractive investment environment. The Turkish company in March last year won the right to supply... →
Converting truck fleets to LNG could reduce transport costs by 30% – Renergen
By: Darren Parker 1st June 2022 With diesel prices at a record high, liquefied natural gas (LNG) has the potential to lower the transportation costs of major logistics companies by up to 30%, LNG and helium developer Renergen CEO Stefano Marani said at the Junior Mining Indaba on June 1. “This means that the conversion of their... →
Commissioning of Renergen’s Virginia gas plant progressing smoothly
By: Darren Parker 30th May 2022 The commissioning of the Phase 1 plant at integrated energy company Renergen’s Virginia gas project, in the Free State, is progressing smoothly, the company announced on May 30. The company said the cooling systems had been fully commissioned, as had the nitrogen removal system to purify the helium. →
IPP Office head says stakeholder alignment key to regular, investment-promoting procurement rhythm
By: Terence Creamer 17th May 2022 The head of South Africa’s Independent Power Producer (IPP) Office believes that improved stakeholder management and alignment are key to overcoming delays to the introduction of urgently required new electricity capacity and to creating the predictable “procurement rhythm” required to attract... →
South African coal consumers face tough decisions as miners prioritise exports over domestic offtakers – Jones
By: Donna Slater 13th May 2022 A potential food crisis may be brewing in South Africa as domestic coal consumers face increasing difficulty in securing coal supplies at a fair price to fire their processing plants, says commodity insights and marketplace company African Source Markets CEO Bevan Jones. He tells Mining Weekly... →
Project launched to fast-track energy, water transition
By: Halima Frost 13th May 2022 The South African Industry Adaption (SAIA) project was launched last month to accelerate South African industry’s energy and water transition to a decarbonised, green and inclusive economy, as well as a vibrant job market. SAIA is a collaboration between the governments of South Africa and... →
Two installations prove company’s mettle
By: Halima Frost 13th May 2022 Industrial boiler manufacturer Steam Generation has successfully completed two projects in Africa that highlight its ability to improve energy efficiency and management for clients. “We commissioned a steam generation plant for a notable brewery in Accra, Ghana, in January, which entailed... →
Cold boxes being precooled in preparation for gas
By: Darren Parker 3rd May 2022 JSE-listed Renergen reported on May 3 that it was making “strong” progress in terms of the commissioning of Phase 1 of the Virginia gas project, which comprises exploration and production rights of 187 000 ha of gas fields across Welkom, Virginia and Theunissen, in the Free State. Cold boxes –... →
Transnet prepares to invite bids for Richards Bay LNG terminal
By: Terence Creamer 21st April 2022 The State-owned Transnet National Ports Authority (TNPA) reports that a request for proposals (RFP) will be issued in the coming months for the development of a liquified natural gas (LNG) terminal at the Port of Richards Bay, in KwaZulu-Natal. TNPA has confirmed with Engineering News that it... →
Karpowership showcases FSRU vessel, highlights floating gas-to-power benefits
By: Marleny Arnoldi 20th April 2022 Floating gas-to-power specialist Karpowership South Africa (KPS SA) has showcased a Floating Storage Regasification Unit (FSRU) ship, in Cape Town, before it ventures on to its final destination in Rio de Janeiro. KPS SA plans on docking three of these vessels – one each at Richards Bay,... →
Russia’s war in Ukraine puts global energy transition at crossroad
By: Bloomberg 19th April 2022 Russia’s invasion of Ukraine is upending the global transition away from fossil fuels in the fight against climate change. In some ways, the war is slowing the shift and giving old energy new life. In others, it’s bolstering the argument that adding more electric vehicles to roads and installing... →
Many hydrogen opportunities in S Africa
By: Sabrina Jardim 15th April 2022 The export of green hydrogen is an opportunity South Africa should capitalise on, as are a number of other hydrogen opportunities that are available, says hydrogen-focused company Hydrogen Energy Applications (HYENA) CEO Niels Luchters. “Hydrogen and fuel cells provide a reliable energy source,... →
Sasol drops plan to invest in pipeline in favour of LNG imports
By: Bloomberg 13th April 2022 Sasol will no longer consider gas supply from a planned pipeline stretching from fields in northern Mozambique to its South African operations because it doesn’t want to get stuck with the infrastructure as the world shifts away from fossil fuels, CEO Fleetwood Grobler said. The company, South... →
Renergen to start hot commissioning at Virginia project next week
By: Simone Liedtke 12th April 2022 Emerging integrated energy producer Renergen will start hot commissioning of various utility systems at its Virginia gas project, in South Africa’s Free State, starting with air and nitrogen, next week. On April 12, the company said this would enable the flushing of some of the process plant... →
Sonangol awards ten blocks for production, exploration
By: Donna Slater 11th April 2022 Angolan State-owned petroleum and natural gas producer Sonangol has performed an evaluation of submitted proposals for the partial sale of its participating interests in Blocks 3/05, 4/05, 5/06, 15/06, 18, 23, 27 and 31, following a public tender. As such, Sonangol has selected and certified ten... →
Retaining refining capacity could pose long-term risks for South Africa
By: Darren Parker 8th April 2022 South Africa’s oil refining capacity has always been rather small when considered on a global scale, but there was some sense of national pride and of security in knowing that the country could deliver – even if most of the crude input had to be imported. While local refineries were never able to... →
Renergen’s share price rises on CEF’s R1bn investment in the Virginia gas project
By: Simone Liedtke 28th March 2022 The JSE share price of emerging integrated energy producer Renergen rose by more than 10% on March 28 after the company announced that the State-owned Central Energy Fund (CEF) would acquire a 10% interest in its Tetra4 subsidiary for R1-billion. The transaction remains subject to various... →
Ivanhoe invests initial R200m in Renergen to secure clean energy for Platreef
By: Simone Liedtke 14th March 2022 Canadian miner Ivanhoe Mines has invested R200.6-million ($13.3-million) in South African natural gas and helium producer Renergen by buying more than 5.6-million Renergen shares, at R35.625 a share. The placement is within the company’s existing pre-approved placement capacity, and means that... →
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