Economy

SA National Ports Authority signs agreements for first LNG import terminal

Date: Feb 13, 2025

South Africa's (SA)Transnet National Ports Authority (TNPA) has signed two significant Terminal Operator Agreements, paving the way for the country's first Liquefied Natural Gas (LNG) import terminal and a liquid bulk terminal.

This initiative, at the Port of Richards Bay's South Dunes precinct, is set to enhance the region's logistical capabilities and align with SA's national energy and economic goals.

Phyllis Difeto, Acting Chief Executive at TNPA, highlighted the strategic importance of these projects.

"These key projects were developed as we followed through what we call the port development framework plans, and through that, we have identified a need to develop major LNG terminal infrastructure. This need is not only for the port of Richards Bay, but we have identified three ports, the port of Ngqura, the port of Richards Bay, and the port of Saldanha."

Difeto further explained that the LNG terminal in Richards Bay would facilitate the construction of gas-to-power infrastructure for both Independent Power Producers (IPPs) and Eskom, as outlined in South Africa's energy plans.

"The LNG terminal in Richards Bay will enable the construction of gas-to-power for both the interested Independent Power Producers and Eskom," Difeto said.

--SABC/ChannelAfrica--

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