Transnet Pipelines (TPL), an operating division of Transnet, is participating in the planned Section 56 process for a request for proposal (RFP) issued by Transnet National Ports Authority (TNPA).
TNPA is seeking a terminal operator to design, develop, build, finance, operate, maintain and transfer a liquefied natural gas (LNG) terminal in the Port of Richards Bay.
To this end, TPL is looking for qualifying partners to enter into a joint development agreement (JDA) that will allow the parties to collaborate towards the submission of a response to the Section 56 RFP.
TPL on July 27 issued the RFP request to the market, with the deadline set for August 19.
The responses will be scored based on, among other criteria, the financial capacity, LNG project development experience, experience with LNG and infrastructure project financing, expertise in negotiating LNG and natural gas related agreements, and technical experience.
The core strategic mandate of TPL is to ensure security of supply of petroleum for the inland market and ecurity of supply of gas for the KwaZulu-Natal market using environmentally responsible methods while ensuring optimum efficiencies.
TPL’s RFP can be found on the National Treasury’s e-Tenders portal and the Transnet website.