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Liquefied Natural Gas

Photo of Eskom's rock-man statue at Megawatt Park
Eskom aiming to secure concessional funding for R400bn just energy transition project pipeline
14th October 2021 By: Terence Creamer

State-owned electricity producer Eskom has identified a pipeline of ‘just energy transition’ projects valued at about R400-billion that it will seek to fund using concessional finance raised from... 


A photo of Gwede Mantashe
Mantashe opposes coal ban for climate aid
14th October 2021 By: Bloomberg

Rich nations shouldn’t force South Africa to ban new coal-power projects and impose other conditions as a requirement for funding to help reduce its environmental footprint, the country’s energy... 


Sasol CEO Fleetwood Grobler
Sasol triples 2030 decarbonisation target, makes net-zero by 2050 pledge
22nd September 2021 By: Terence Creamer

Chemicals and energy group Sasol has announced a material acceleration of its decarbonisation plans, confirming that it will reduce greenhouse gas (GHG) emissions by 30% by 2030 rather than by the... 


LNG tanks in South Korea
DNG, Masana partner to make LNG in transport a reality
17th September 2021 By: Marleny Arnoldi

Alternative fuel company DNG Energy’s petroleum division and energy company Masana Petroleum Solutions will test the feasibility of making liquefied natural gas (LNG) available to South Africa’s... 


A large solar installation on a clients roof installed by EP Refrigeration, which is grid-tied and decreases the clients reliance on grid power
Refrigeration system to cut energy costs available
17th September 2021 By: Halima Frost

With South African retailers looking for ways of recovering from the latest lockdown, as well as the looting and vandalism, an opportunity to decrease costs on the system that comprises the bulk of... 


A roof top refrigeration system installed by EP Refrigeration at a produce packing house
Global citrus demand increases refrigeration demand
17th September 2021 By: Halima Frost

A global increase in demand for South African-grown citrus, as well as more export regulations, has resulted in a substantial increase in demand for refrigeration capacity, says local refrigeration... 


DNG Energy, Imperial join forces to test feasibility of LNG as diesel alternative
8th September 2021 By: Simone Liedtke

South African liquefied natural gas (LNG) supplier DNG Energy and JSE-listed Imperial Logistics have joined forces to test the feasibility of using LNG as an alternative to diesel in a pilot that... 


TotalEnergies' Mozambique LNG project may resume within 18 months, says AfDB
27th August 2021 By: Reuters

TotalEnergies' liquefied natural gas (LNG) project in Mozambique could be back on track within the next 18 months after African armies deployed to help quell an insurgency, the president of the... 


An image of South African Oil and Gas Alliance (SAOGA) Gas Economy Leadership Group's chairperson Craig Morkel
Hydrogen a suitable greener alternative
27th August 2021 By: Nadine Ramdass

South Africa’s Gas Act defines “gas” as natural gas (CH4) and hydrogen (H2). Hydrogen will, in the future, be a suitable substitute for natural gas to support decarbonisation, says South African... 


An image of gas extraction at Renergen's Virginia Gas project
Fully developed legislation needed
27th August 2021 By: Nadine Ramdass

The legislation has not caught up with where the gas industry needs it to be, says gas producer Renergen CEO and MD Stefano Marani. Technical aspects that are critical to companies’ decision-making... 


An image of extraction at Renergen's Virginia Gas Project
Rare helium supply opportunity unlocked
27th August 2021 By: Nadine Ramdass

While the South African helium market is small, helium is sought after in the international market, which has created a good opportunity for dual-listed helium, liquid natural gas (LNG) and... 


Renergen, Consol Glass ink LNG supply agreement – a ‘South African first’
17th August 2021 By: Simone Liedtke

JSE- and ASX-listed natural gas and helium producer Renergen will, starting in 2022, shortly after the completion of Phase 1 of its Virginia gas project, supply liquefied natural gas (LNG) to glass... 


Photo of Sasol CEO Fleetwood Grobler
Sasol’s new 2030 and 2050 decarbonisation targets to be ‘substantially higher’
16th August 2021 By: Terence Creamer

South Africa’s carbon-heavy fuels and chemicals group Sasol is poised to announce a “substantially higher” target for the reduction of its greenhouse-gas emissions following an intensive period of... 


An image of a LanzaTech installation capturing off gasses
Partnership notes first new chemicals success
6th August 2021

The partnership between carbon recycling technology company LanzaTech and multinational chemicals company BASF, who together aim to transform the carbon contained in industrial off-gases into... 


Renergen inks multiple conditional helium sales agreements for its Virginia project
4th August 2021 By: Simone Liedtke

Domestic natural gas and helium producer Renergen has inked multiple conditional helium sales agreements from its planned Phase 2 plant at the Free State-based Virginia gas project. Following the... 


Photo of Minister Gwede Mantashe
Other procurement plans not affected by RMIPPPP deadline delay to end Sept – DMRE
2nd August 2021 By: Terence Creamer

The deadline for projects selected as preferred bids under the Risk Mitigation Independent Power Producer Procurement Programme (RMIPPPP) to reach commercial close has been extended to September... 


An image of the Wärtsilä Fuel-flexible 34DF engine generator that will be installed at Flour Mills Nigeria's premises
Flexible dual-fuel engines to modernise Flour Mills Nigeria plant
28th July 2021 By: Schalk Burger

Energy and marine equipment manufacturer Wärtsilä will supply fuel-flexible dual-fuel engines to extend, improve and modernise power generation for a captive power plant at Nigeria’s oldest and... 


IEA report points to growth in global electricity demand this year
15th July 2021 By: Donna Slater

The International Energy Agency (IEA) expects global electricity demand to rebound strongly this year and next. Electricity demand decreased by about 1% in 2020, but is expected to grow by 5% this... 


Photo of Shell South Africa country chairperson Hloniphizwe Mtolo
Shell expresses concern over RMIPPPP delays as it confirms Karpowership SA partnership
13th July 2021 By: Terence Creamer

Shell South Africa country chairperson Hloniphizwe Mtolo has confirmed that the energy group is the exclusive supplier of liquified natural gas (LNG) to Karpowership SA, whose three projects,... 


Renergen finds 1.9% helium surprise in P12 at Virginia gas project
12th July 2021 By: Simone Liedtke

Natural gas and helium producer Renergen’s P12 well, which was previously plugged and abandoned, was observed to start flowing gas (at low rates) in the days following rig release. The flow rate... 


First BioLNG production project considered at French port
5th July 2021 By: Simone Liedtke

French firms EveRé, CMA CGM Group, Elengy and TotalEnergies have joined forces to study the feasibility of creating France’s first production unit for liquefied biomethane (BioLNG), a low-carbon... 


New IEA report paints complex picture for future of gas demand
New IEA report paints complex picture for future of gas demand
5th July 2021 By: Terence Creamer

A new International Energy Agency (IEA) report on the outlook for gas presents a complex picture of the fuel’s role in the unfolding energy transition, as well as the outlook for demand. The report... 


Renergen raises A$10m for Virginia gas project development, exploration
Renergen raises A$10m for Virginia gas project development, exploration
25th June 2021 By: Simone Liedtke

South African natural gas and helium producer Renergen has successfully raised A$10-million through an equity raise to fund developments at its Virginia gas project, in South Africa’s Free State.... 


Renergen halts trading on ASX ahead of capital raise announcement
23rd June 2021 By: Simone Liedtke

Natural gas and helium producer Renergen has halted trading in its securities from June 23 to June 24 on the ASX, pending an announcement of the company entering a capital raise. Renergen is... 


Renergen discovers 1.1% helium concentration at Evander prospect
21st June 2021 By: Simone Liedtke

Natural gas and helium producer Renergen has discovered helium at its Evander exploration rights prospect, with a concentration of 1.1% helium identified in the gas. Evander spans about 52 000 ha,... 


Renergen intersects gas-bearing fracture system at Virginia project
18th June 2021 By: Simone Liedtke

The target gas-bearing fracture system has been intersected close to prognosis at natural gas producers Renergen’s R2D2 well between wells MDR5 and HR1, which are located at the Virginia gas plant,... 


Big oil must work harder to slash Africa emissions, WoodMac says
15th June 2021 By: Bloomberg

Oil majors need to curb emissions in sub-Saharan Africa -- where almost half of their most polluting assets are located -- as investors demand greater efforts to slash carbon output, according to... 


Gas a bridge for South Africa to become a low-carbon economy
8th June 2021 By: Simone Liedtke

South Africa will need to use gas as a “very solid bridge” to ensure a just and inclusive transition to a low-carbon economy, University of the Witwatersrand (Wits) Business School professor... 


Glencore, Novatek sign heads of agreement on LNG supply
2nd June 2021 By: Tasneem Bulbulia

One of global diversified natural resource company Glencore’s affiliates has signed a heads of agreement with Russia-based gas producer Novatek Gas and Power for the long-term supply of liquefied... 


Renergen on ‘much stronger footing’, despite Covid-19 headwinds
31st May 2021 By: Simone Liedtke

With the financial year, ended February 28, having been an “exciting” one for natural gas producer Renergen, the company believes it is on a “much stronger footing” towards becoming a significant... 


Transnet engages local communities, businesses on Richard Bay port plans
28th May 2021 By: Schalk Burger

State logistics company Transnet on May 28 shared its plan for the strategic industrial Port of Richards Bay with the local mayor, business community and ten traditional leaders in Umhlathuze and... 


Renergen detects gas odour at R2D2 well, drilling progressing
10th May 2021 By: Simone Liedtke

Drilling at natural gas and helium producer Renergen’s R2D2 well has progressed as anticipated, and drilling has been interpreted to be proximal to the target gas-bearing fracture system. The... 


Questions, concerns remain about Karpowership bids
3rd May 2021 By: Simone Liedtke

Opposition political party, the Democratic Alliance (DA) has called on Mineral Resources and Energy Minister Gwede Mantashe to provide more insight into the real basis of the Karpowership bids and... 


GAS CEILING 
Given the increased LNG exploration in Africa, more acquisition transactions are expected to occur. This will consolidate the African LNG market, bolstering growth and production
Low price could boost LNG development
23rd April 2021 By: Cameron Mackay

A decrease in oil demand and, consequently, in prices last year because of Covid-19 also resulted in lower prices for liquefied natural gas (LNG). Business research consultancy Birguid associate... 


Nedbank makes pioneering ‘zero fossil-fuel exposure by 2045’ pledge
Nedbank makes pioneering ‘zero fossil-fuel exposure by 2045’ pledge
22nd April 2021 By: Terence Creamer

South Africa’s Nedbank Group released an ambitious new energy policy on April 22, containing a commitment to reduce its exposure to all fossil fuels to zero by 2045, as well as a pledge to halt all... 


The Cryo-Vacc
DPD Laser to buy 110 Cryo-Vacc Covid-19 vaccine containers from Renergen
21st April 2021 By: Simone Liedtke

Domestic natural gas and helium producer Renergen and local express courier partner DPD Laser have inked an agreement for Renergen to manufacture the first 110 Cryo-Vacc units for supply to DPD.... 


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