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Liquified Natural Gas News

M&A advisory firm aims to use SA as gateway to African market

By: Nadine James     13th July 2018 Washington DC-headquartered mergers and acquisition advisory firm Taylor Advisory announced last week that it was entering the African market through South Africa with the appointment of Francois Baird as its Africa co-chairperson and Riaan Rademan as its South Africa co-chairperson. This is... 

Cleaner, safer fuel on display at expo

By: Halima Frost     29th June 2018 Natural gas supplier CNG Holdings hopes to educate the private sector and original-equipment manufacturers about the benefits of alternative fuels during the TruckX Expo, to be held at the Kyalami International Grand Prix Circuit and Conference Centre on July 11 and 12. “Compressed natural gas... 

Cleaner, safer fuel  on display at expo
POWERED BY NATURAL GAS Natural gas fueling stations are the way of the future

Centrica, Tokyo Gas join Anadarko's Mozambique LNG project as buyers

By: Reuters     15th June 2018 Britain's Centrica and Japan's Tokyo Gas have signed a non-binding agreement to buy liquefied natural gas (LNG) from Anadarko Petroleum's Mozambique acreage, a deal that will help the US company reach a final decision on the project. Centrica and Tokyo Gas will buy 2.6-million tonnes of LNG per... 

Company invests in new petrochemicals complex

15th June 2018 Petroleum industry company Qatar Petroleum plans to build a “world-scale” petrochemicals complex that will include the Middle East's largest ethane cracker, according to Qatar Petroleum president and CEO Saad Sherida Al-Kaabi. Qatar Petroleum has invited a group of leading international... 

Company invests in new petrochemicals complex
INTERNATIONAL CONTRACT Qatar Petroleum has invited leading international companies to submit proposals for partnering on the development of a new Petrochemicals Complex

Petroleum conference renewed for a third year

By: Paige Müller     15th June 2018 The West African International Petroleum Exhibition and Conference (Waipec) will be renewed for a third consecutive year, following an overwhelmingly successful reception from regional and international participants at this year’s second annual conference in Lagos, Nigeria.   Petroleum Technology... 

Petroleum conference  renewed for a third year
BANK-ANTHONY OKOROAFOR The West African International Petroleum Exhibition and Conference will start closing the collaboration gaps within the West African region and enable it to harness its resources

US embassy warns citizens to consider leaving district in north Mozambique

By: Reuters     12th June 2018 The US embassy in Mozambique said Americans should consider leaving a northeastern district close to a major gas field as imminent attacks are likely after suspected Islamist militants beheaded ten people and killed seven others since May. Any sign of militant activity is a concern for the... 

US embassy warns citizens to consider leaving district in north Mozambique

Prepare for greater generation competition, Radebe tells Eskom

By: Terence Creamer     4th June 2018 Energy Minister Jeff Radebe has hinted at possible dramatic changes in the structure of South Africa’s electricity supply industry, which is currently dominated by Eskom, a vertically integrated State-owned utility. During a recent stakeholder gathering the Minister responded strongly in the... 

Prepare for greater generation competition, Radebe tells Eskom

South Africa to release new-look renewables bid window in November

By: Terence Creamer     1st June 2018 Energy Minister Jeff Radebe announced on Friday that South Africa would launch a fifth Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) bid window in November with the aim of procuring a further 1 800 MW of renewable energy from independent power producers (IPPs).... 

South Africa to release new-look renewables bid window in November
Photo by Dylan Slater
Energy Minister Jeff Radebe

Renergen impairs hydro project to focus on South African natural gas market

By: Simone Liedtke     1st June 2018 Integrated alternative energy business Renergen impaired its R12.2-million Côte d’Ivoire Hydro hydroelectric project, which was managed by its subsidiary, Mega Power Renewables, during the 2018 financial year and shifted its focus to the South African natural gas market. The impairment decision... 

Total, Sonangol agree to increased activity in Angola

By: Marleny Arnoldi     29th May 2018 During a recent official visit to France by Angola President João Lourenço and a delegation of Angolan businesspersons, petrochemicals giant Total chairperson and CEO Patrick Pouyanné and Angolan petroleum parastatal Sonangol chairperson Carlos Saturnino signed several agreements to cover the... 

Total, Sonangol agree to increased activity in Angola
Photo by Bloomberg
Angola national flag

Renergen, SAB tap into gas to reduce carbon emissions with landmark transaction

By: Simone Liedtke     21st May 2018 Natural gas development company Renergen has signed an offtake agreement with Anheuser-Busch InBev (AB InBev)subsidiary South African Breweries (SAB) for the supply of liquefied natural gas (LNG) to power its delivery trucks. The agreement sees the initial roll out of compressed natural gas to a... 

Renergen, SAB tap into gas to reduce carbon emissions with landmark transaction
Renergen CEO Stefano Marani

Anadarko seeks to raise $14bn to $15bn for Mozambique LNG project

By: Reuters     18th May 2018 Anadarko Petroleum is seeking to raise a record $14-billion to $15-billion from banks and export credit agencies for its huge liquefied natural gas (LNG) project in Mozambique, sources close to the matter said. Fast-growing gas demand from China and Southeast Asia is reassuring export project... 

Researchers suggest 100% renewable energy system is plausible

By: Nadine James     18th May 2018 A multinational group of researchers have co-authored a paper to demonstrate that there are no roadblocks to sourcing 100% of a country’s power supply from renewable sources. The researchers, from Germany’s Karlsruhe Institute of Technology, South Africa’s Council for Scientific and Industrial... 

Radebe sees energy contributing $25bn to South Africa’s $100bn investment target

By: Terence Creamer     16th May 2018 Energy Minister Jeff Radebe says one-quarter, or $25-billion, of South Africa's newly announced five-year investment target of $100-billion could be met through investments in new energy projects, including a possible new greenfield crude oil refinery and a gas pipeline linking South Africa to... 

Radebe sees energy contributing $25bn to South Africa’s $100bn investment target
Photo by Dylan Slater
Energy Minister Jeff Radebe

Angola LNG Soyo plant to shut for planned maintenance in July

By: Reuters     15th May 2018 Angola's Soyo plant, which has a capacity of 5.2-million tons of liquefied natural gas (LNG) per year, will have a planned shutdown for maintenance in July, a company spokeswoman told Reuters on Tuesday. Production at the plant is expected to resume in early August, she said in an email. 

Equatorial Guinea may strip Ophir of LNG project due to finance delays

By: Reuters     14th May 2018 Equatorial Guinea will force Ophir Energy out of the company's flagship liquefied natural gas (LNG) project and may scrap it entirely unless long-delayed financing deals worth $1.2-billion are presented to the government by December. The ultimatum is a blow to UK-listed Ophir, which has set aside... 

Total South Africa seeks to grow lubricants, retail fuel businesses

By: Shirley le Guern     9th May 2018 Total South Africa is looking to grow both its lubricants and retail fuel business as well as restart the offshore oil exploration that it put on hold in 2014, CEO Pierre-Yves Sachet said after a visit to its bulk fuel and lubricant plants in Durban. He said that a R70-million investment in its... 

Total South Africa seeks to grow lubricants, retail fuel businesses

South African fuel prices to increase in May

By: African News Agency      27th April 2018 Petrol, both 95 and 93, are expected to increase by 49c a litre in May, while diesel is expected to increase by between 58c/ℓ and 59c/ℓ, Energy Minister, Jeff Radebe said. On Thursday, Radebe announced the adjustment of fuel prices for May 2018 based on current local and international factors... 

 South African fuel prices to increase in May

Gas seen playing key role in Africa’s decentralised power landscape

By: Schalk Burger     30th March 2018 Africa is aiming to raise its installed power generation capacity by 250 GW by 2030. Liquefied natural gas (LNG) can serve as a baseload energy source and gas-powered generation assets can be built modularly and scaled up as use increases, says modular infrastructure, engineering services and gas... 

South Africa to become eighth country to export helium by 2019 – Renergen

By: Marleny Arnoldi     12th March 2018 Alternative and renewable energy investment firm Renergen expects to become a significant global producer of helium when its Virginia project starts production in 2019.  

South Africa to become eighth country to export helium by 2019 – Renergen
Tetra4 plant in the Free State

Energy execs says tariff gambit could hit shale, LNG project costs

By: Reuters     7th March 2018 Energy executives say the Trump administration's proposed steel and aluminum tariffs could bump up the cost of big-ticket projects needed for rapidly rising US shale oil and gas output by three to 10%. Higher construction costs could slow growth in production and exports of crude and natural gas... 

Total targets final decisions on Myanmar, Côte d'Ivoire LNG projects this year

By: Reuters     28th February 2018 France's Total expects to take a final investment decision (FID) on liquefied natural gas (LNG) import projects in Myanmar and Côte d'Ivoire this year as part of the oil major's expansion into emerging markets, an executive said on Wednesday. Jean-Pierre Mateille, vice president of trading at... 

Afrox rises above weak environment, achieves strong FY17 results

By: Megan van Wyngaardt     22nd February 2018 JSE-listed African Oxygen (Afrox) on Thursday reported yet another year of strong results, with revenue for the 12 months to December 31 up 6% to R5.69-billion. Headline earnings a share rose by 32.3% year-on-year to 201c and basic earnings a share by 30.7% to 203.6c. 

Afrox rises above weak environment, achieves strong FY17 results
Photo by Duane Daws
Afrox CEO Schalk Venter

Public-private partnerships key for gas infrastructure development in SADC region

By: Anine Kilian     19th February 2018 Public-private partnerships are key to developing gas supply projects in the Southern African Development Community (SADC), Nepad Business Foundation (NBF) Africa infrastructure programme manager Peter Varndell said on Monday. Speaking at the Africa Gas Forum, in Johannesburg, he said there was... 

Materials supplier company secures contract

By: Marleny Arnoldi     16th February 2018 Construction materials company Afrimat has been awarded a contract to supply building material to the Mozambique liquefied natural gas fields, which will be developed by oil and gas exploration company Anadarko Petroleum Corporation, on the northern border of the country.  

Materials supplier company secures contract
BUILDING NEEDS Afrimat will supply materials – aggregates, ready-mix concrete, bricks and blocks – for the resettlement village at a gasfields development project in Mozambique

Egypt to halt imports of LNG by end of FY 2017/18 – Petroleum Minister

By: Reuters     29th January 2018 Egypt plans to stop importing liquefied natural gas (LNG) by the end of the 2017/18 fiscal year ending in June as it speeds up production at recently discovered gasfields, Petroleum Minister Tarek El Molla said on Saturday. Egypt said previously that it would halt imports by the start of 2019. 

Sinopec commits to R6bn upgrade of Chevron South Africa refinery as buyout deal gathers pace

11th January 2018 Chinese oil company China Petroleum and Chemical Corporation (Sinopec) has undertaken to invest R6-billion to upgrade and modernise Chevron South Africa’s (CSA’s) Cape Town-based oil refinery, if it succeeds in its bid to acquire control of CSA. 

Sinopec commits to R6bn upgrade of Chevron South Africa refinery as buyout deal gathers pace

Zuma promises ‘seamless’ ANC transition at energy indaba that sidesteps IRP debate 

By: Terence Creamer     7th December 2017 President Jacob Zuma used his address at the Energy Indaba, taking place in Johannesburg this week, to assure business and investors that the upcoming African National Congress (ANC) elective conference would be “orderly and peaceful”, while promising a “seamless” handover to the new ANC... 

Zuma promises ‘seamless’ ANC transition at energy indaba that sidesteps IRP debate
President Jacob Zuma and Energy Minister David Mahlobo

CTL beneficial as a synfuel

By: Marleny Arnoldi     27th October 2017 Depending on market forces and subsequent regulations, coal-to-liquids (CTL) as a fuel alternative could be beneficial for the synfuels industry, especially for companies that diversify outside of conversion processes to include other capabilities, says synfuel company Synfuels Americas.  

CTL beneficial  as a synfuel
JUDD SWIFT The cost of cleaner resources and technology makes conversion unreasonable for developing economies

US to strengthen energy partnerships in Africa, says US Energy Secretary

By: Kim Cloete     25th October 2017 US Energy Secretary Rick Perry says his government is committed to strengthening its energy partnerships with African countries, but has called for a clear and transparent regulatory environment. “There is no more important message that governing bodies can send to both the US government and the... 

US to strengthen energy partnerships in Africa, says US Energy Secretary
US Energy Secretary Rick Perry

Renergen secures onshore petroleum production right in South Africa; will locally produce LNG

By: Mia Breytenbach     24th October 2017 The Petroleum Agency of South Africa has granted integrated alternative and renewable energy business Renergen’s Tetra4 subsidiary environmental authorisation for its Free State natural gas development. The authorisation, the processing of which has taken more than two years and has involved... 

Renergen secures onshore petroleum production right in South Africa; will locally produce LNG
Renergen CEO Stefano Marani

Afrox sees 22% increase in headline earnings  

By: Anine Kilian     8th September 2017 JSE-listed African Oxygen (Afrox) has reported a 22% rise in headline earnings a share to 93.3c, though this was at the lower end of the company’s recent guidance for the half-year ended June 30. Delivering the company’s financial results presentation in Johannesburg on Friday, CEO Schalk Venter... 

Afrox sees 22% increase in headline earnings
Afrox CEO Schalk Venter unpacks H1 financial results. Video and editing: Darlene Creamer 8.09.2017

Policy limits South African gas economy

By: Marleny Arnoldi     1st September 2017 Policy and legislation on natural gas are currently bottlenecked in South Africa, which creates limits to South Africa’s gas economy growth, says growth strategy company Frost & Sullivan.  

Policy limits South African gas economy
Photo by Bloomberg
COVERING THE BASES South Africa is unlikely to get to a stage of fully understanding the technicalities and geology of indigenous natural gas until it gathers more empirical data

Sunrise Energy's R1bn LPG storage facility to boost energy security, downstream competition

By: Anine Kilian     7th August 2017 Sunrise Energy's R1.02-billion open-access liquefied petroleum gas (LPG) import and storage terminal, in Saldanha Bay, in the Western Cape, will enable the import of LPG in large quantities, boosting regional energy security and increasing downstream competition. The facility, which is Africa's... 

Sunrise Energy's R1bn LPG storage facility to boost energy security, downstream competition

Legal and policy certainty required if gas economy is to be realised

By: Mia Breytenbach     4th August 2017 Key factors that will influence the establishment of a gas economy in South Africa include the passing of the amended Mineral and Petroleum Resources Development Act (MPRDA) and greater clarity regarding the expected and stated imports of liquefied natural gas (LNG), says South African Oil and... 

Legal and policy certainty required if gas economy is to be realised
Photo by Reuters
INDUSTRIAL ROLEMODEL Liquefied petroleum gas industry could play a strategic role in the establishment of a gas economy as key lessons can be learnt from this industry 

Gas industry will provide foreign investment opportunity

By: Nica Schreuder     28th July 2017 From a fuel and foreign investment perspective, growing a gas industry is a major direct foreign investment opportunity for South Africa, says engineering consultancy WSP Africa power generation director Wayne Lindecke. He adds that the gas-to-power programme (GPP) is a catalyst to significantly... 

African countries embrace alternative energy sources

28th July 2017 With African governments realising that long-term power solutions will not come in the form of one technology, South Africa’s Department of Energy is advocating advances in coal, renewable energy, gas and nuclear technologies, says global engineering, procurement, construction and consulting... 

African countries embrace  alternative energy sources
Photo by Reuters
IMPROVED ALTERNATIVES Kenya is making use of diverse alternative energy sources, such as geothermal electricity
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