R/€ = 19.48 Change: -0.03
R/$ = 16.47 Change: 0.05
Au 1910.71 $/oz Change: 1.23
Pt 876.33 $/oz Change: 6.11


Foot on the Gas – Developers of Matola LNG terminal intensify talks with potential customers to reach 2023 supply date 

24th September 2020 The front-end engineering design phase for a proposed greenfield liquefied natural gas (LNG) import terminal at the Port of Matola, in the Mozambican capital of Maputo, is underway and the developers of the project are now intensifying discussions with potential energy and industrial off-takers... 

Maynier urges urgent Gazetting of determination for new power projects 

By: Terence Creamer     11th September 2020 The Western Cape government has urged Mineral Resources and Energy Minister Gwede Mantashe to urgently Gazette the final Section 34 Ministerial determination that would open the way for the procurement of 11 813 MW of new electricity capacity. The call came as government's Political Task Team on... 

Volco Power notes readiness to supply LNG to South African industry

By: Tasneem Bulbulia     25th August 2020 The global and local natural gas and liquefied natural gas (LNG) industries are changing and the global influx of supply, lower prices and environmental benefits of natural gas are driving consumers to convert from other fossil fuels, says natural gas solutions provider Volco Power. The company... 

DBSA confirms financing of $120m for giant Mozambique LNG project

By: Terence Creamer     21st July 2020 South Africa’s State-owned Development Bank of Southern Africa (DBSA) has confirmed financing of $120-million for the $20-billion-plus liquefied natural gas (LNG) project being developed by a Total-led consortium in northern Mozambique. On July 17, Total announced the signing of a $14.9-billion... 

Nersa to provide concurrence on technology-specific determination this month 

By: Terence Creamer     2nd July 2020 The National Energy Regulator of South Africa indicated on Thursday that it intended providing concurrence this month for a Ministerial determination that would open the way for the procurement of new electricity generation capacity in line with allocations contained in the 2019 edition of the... 

Consortium makes Richards Bay gas-to-power proposal in response to DMRE’s call for emergency solutions  

By: Terence Creamer     7th February 2020 A black-empowered consortium that includes companies with extensive gas-to-power experience has made a formal submission to the Department of Mineral Resources and Energy (DMRE) in which plans for power generation plants capable of adding between 300 MW and 3 300 MW to South Africa’s grid within... 

Gas project beneficial for local economy

By: Mc'Kyla Nortje     13th December 2019 Emerging natural gas producer Renergen’s Virginia gas project is a good example of how effectively small amounts of gas – if they are indigenous – can be used in the local economy, says industry body South African Oil and Gas Alliance (Saoga) executive director Niall Kramer. Renergen is an... 

Western Cape government to drive gas agenda 

By: Marleny Arnoldi     8th November 2019 The Western Cape government has completed a comprehensive study to assess the feasibility of importing liquefied natural gas (LNG) through Saldanha Bay and developing gas storage, transmission and distribution infrastructure along the West Coast corridor. The study confirms that the Western... 

Top trends energising Africa’s power sectors

By: Creamer Media Reporter      12th June 2019 An optimal energy mix for Africa relies on a variety of generation technologies. In fact, in a 2015 report McKinsey estimated that if every country in Africa had to build to meet their current electricity demand, the region would require about $490 billion of capital for new generating capacity –... 

GNA 1 liquefied natural gas-to-power project, Brazil

By: Sheila Barradas     24th May 2019 The GNA 1 LNG-fired combined-cycle power plant will be one of the most efficient thermal power plants in Latin America. 

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