http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.19Change: -0.02
R/$ = 10.69Change: -0.08
Au 1294.22 $/ozChange: -1.83
Pt 1433.00 $/ozChange: -5.50
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Mar 06, 2012

SADC energy infrastructure integration could lower end-user costs

Back
Cape Town|Africa|Diesel|Energy|Exploration|Gas|PROJECT|Resources|Road|Africa|Angola|Mozambique|Namibia|South Africa|Tanzania|Energy|Energy Infrastructure|Gas Finds|Gas Reserves|Oil|Petroleum Products|Pipeline Network|Products|Sustainable Gas Market|Transport|Infrastructure|Rail|Sub-Saharan Africa|Diesel
|Africa|Diesel|Exploration|Gas|PROJECT|Resources|Road|Africa||Energy|Products|Transport|Infrastructure|Rail||
cape-town|africa-company|diesel-company|energy-company|exploration|gas-company|project|resources|road|africa|angola|mozambique|namibia|south-africa|tanzania|energy|energy-infrastructure|gas-finds|gas-reserves|oil|petroleum-products|pipeline-network|products|sustainable-gas-market|transport-industry-term|infrastructure|rail|subsaharan-africa|diesel
© Reuse this



Countries in the Southern African Development Community (SADC) should look at better integrating energy infrastructure to lower the costs for end-users, South Africa’s Minister of Energy Dipuo Peters said on Tuesday.

“It may be more effective to link the region’s pipeline network for gas, as well as petroleum products. These may be more effective interventions than costly investment in road transport tankers and rail road cars,” she said at the 6th Africa Economic Forum under way in Cape Town.

Peters said that Angola currently had the largest gas reserves in the region, with approximately 271.8-billion cubic meters followed by Mozambique (127.4-billion cubic meters), Namibia (62.3-billion cubic meters), Tanzania (6.5-billion cubic meters) and South Africa (27-million cubic meters). However, with new gas finds that were reported in 2011, Mozambique was likely to move to the top of this list in the near future. Peter said that these reserves were a positive sign for regional trade and development, and provided a further strategic opportunity to lift the fortunes of the region and the continent.

“We should be asking ourselves and spare some thought on how these resources can be used to best serve sub-Saharan Africa and the entire continent first. As South Africa, with a clear intent of creating a sustainable gas market in our country, we will continue to engage with our sister countries to find the best way of utilising these resources, whilst making the necessary returns on investment.”

Peters added that she believed that the SADC governments should also focus on strengthening their own national oil companies in order to clearly define their position in directing the exploration and use of natural resources in their own countries.

According to Peters, the South African government would itself be completing a 20 year Liquid Fuel Infrastructure Plan before the end of the year and included in this plan was a continuing commitment for the country to increase its own crude oil refinery capability. “Work that has already been done on our national oil company’s Mthombo project and other related initiatives will be incorporated in the implementation of the Liquid Fuels Infrastructure Plan,” she said.

She also noted in her speech that, with crude oil prices continuing to be higher-than-expected, she would “soon make a statement in Parliament about this matter, specifically on the impact of global fuel prices and how we should respond to these as a country”.

With South Africa becoming a significant importer of fuel, having brought over five-billion litres of diesel and petrol into the country in 2011, Peters commented that this increase had far-reaching implications for the existing policy frameworks. “I am of the view that the Department of Energy needs to conduct a review to determine whether the pricing framework is still relevant given these changing conditions,” she said.

Edited by: Creamer Media Reporter
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
 
Latest News
Barend Petersen
Updated 15 minutes ago Barend Petersen has been appointed nonexecutive director and chairperson of Evraz Highveld Steel & Vanadium. This comes after London-listed Evraz last week announced that it would sell a 34% stake in the steel producer to South Africa-based investor Macrovest, which...
Updated 1 hour 1 minute ago Labour laws contributed to the prolonged, violent strikes the country has seen in various industries, the National Employers' Association of South Africa (Neasa) said on Wednesday. "While we agree that the current labour legislation is not a direct or the only driver...
Updated 1 hour 35 minutes ago The 100 days target of creating 1.5-million housing opportunities is set to build houses for the poor and open the housing market for those who cannot access home loans. Human Settlements Minister Lindiwe Sisulu said this, on Tuesday, when she briefed members of the...
More
 
 
Recent Research Reports
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
Real Economy Insight: Construction 2014 (PDF Report)
This five-page brief covers key developments in the construction industry over the past 12 months. It provides an overview of the sector and includes details of employment in the sector, infrastructure and municipal spending, as well as insight into companies’...
Real Economy Insight: Electricity 2014 (PDF Report)
This five-page brief covers key developments in the electricity industry over the past 12 months, including details of State-owned power utility Eskom’s generation activities, funding and tariffs, independent power producers and prospects for the sector.
Real Economy Insight: Road and Rail 2014 (PDF Report)
This six-page brief covers key developments in the road and rail industries over the past 12 months, including details of South Africa’s road and rail network and prospects for both sectors.
 
 
 
 
 
This Week's Magazine
The Built Environment unit at the Council for Scientific and Industrial Research (CSIR) has developed a cost-competitive ultrathin concrete pavement surface that, for the upgrading of unpaved roads to paved roads, is more durable than many other pavement alternatives...
The Southern African Large Telescope (SALT), based at Sutherland in the Karoo region in the Northern Cape province, is promising to become an important instrument for research into dark matter. "SALT is shaping up to be very important for answering questions about...
HENK SNYMAN TDM supports broader industrial activity that has a multiplier-effect on the potential to beneficiate raw materials in many industries
The South African tool, die and mouldmaking (TDM) industry is being revitalised to locally produce the tools, dies, moulds and fixtures required by the manufacturing sector. Local TDM capability is key to enable the manufacturing industry to remain competitive, says...
Misfortune often finds its roots in the smallest of things. Such as a centimetre or two. Or is that in inch? Perhaps a foot? Swedish or Dutch? The French had reason to blush in May as it became apparent that national rail operator SNCF had ordered 2 000 trains that...
The repositioning of the Fibre Processing & Manufacturing Sector Education and Training Authority (FP&M Seta) and its business processes will ensure improved performance in reaching strategic targets and in providing customer service.
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks