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South Africa inches towards LNG imports [Gas in Transition]

South Africa is finally on the brink of developing its first LNG import terminals, just as it closes in on a substantial increase in domestic gas production. A combination of imported and domestic gas could address the country’s chronic power shortages and still heavy dependence on coal. [Gas in Transition, Volume 3, Issue 12] ....

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Role of gas as a transition fuel in South Africa

As South Africa decarbonises, gas can, if affordably supplied, play a key role as a transition fuel to replace more emissions-intensive fossil fuels like coal and diesel, a recent report says. ....

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Sasol sells 30% stake in Mozambique pipeline for R5.1bn

Sasol sells 30% stake in Mozambique pipeline for R5.1bn
Sandton-based Sasol has agreed to sell a 30% stake in a pipeline running from Mozambique to South Africa. The pipeline, which carries natural gas, was sold to a group of buyers – including a unit of Old Mutual, reports Bloomberg. The R5,1 bn sale price will go towards the energy company paying down debt. Sasol will continue to operate the 865 km pipeline, will retaining a 20% stake. The other 50% is owned in equal parts by the Mozambican and South African governments, through SOEs. The sale follows the company’s continued commitment toward reducing debt incurred in a US chemicals project. – Jarryd Neves ....

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