Algoa Bay floating storage unit, South Africa
Name of the Project
Algoa Bay floating storage unit (FSU).
Location
Algoa Bay, in the Eastern Cape, in South Africa.
Project Owner/s
DNG Energy.
Project Description
The FSU will offer offshore and onshore logistics, with ship-to-ship transfers for international trading ships and liquefied natural gas (LNG) “milk runs” within South Africa.
DNG plans to offer LNG bunkers to the rest of the world in 2021 and sell LNG to the local market through the company’s smart LNG solution.
The solution incorporates technology to store the LNG in either containers approved by the International Organisation for Standardisation, road tankers or mobile storage units that can transport LNG from DNG’s storage facilities to a customer’s site, where the customer then “gets to use that LNG in a gas format for their own applications”.
Potential Job Creation
About 1 000 people will be employed during construction.
Capital Expenditure
Not stated.
Planned Start/End Date
The FSU is expected to be operational in 2021.
Latest Developments
DNG received final authorisation from the Transnet National Ports Authority to begin the bunkering operations in the Port of Coega, in the Eastern Cape, in October 2020.
Key Contracts, Suppliers and Consultants
None stated.
Contact Details for Project Information
DNG Energy, tel +27 10 880 2935 or email insights@dng.energy.
Article Enquiry
Email Article
Save Article
To advertise email advertising@creamermedia.co.za or click here
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
EIMS is an independent specialised environmental consulting firm offering the full spectrum of environmental management services across all sectors...
VISIT SHOWROOM
The Beneficiation Academy is a certified training institution that follows all compliance legislation and is accredited with various Sector...
VISIT SHOWROOM
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
