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Liquified Natural Gas News
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... →
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... →
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... →
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. →
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 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. →
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. →
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... →
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. →
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... →
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... →
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... →
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. →
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... →
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... →
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... →
IMPROVED ALTERNATIVES Kenya is making use of diverse alternative energy sources, such as geothermal electricity
Gas beneficial in diversifying energy mix
By: Nica Schreuder 28th July 2017 Gas can be used to supplement the variable nature of renewables, thereby adding to a steadily diversifying energy mix in South Africa, says advisory firm KPMG South Africa energy economist Requier Wait. Variable renewable energy (VRE) is nondispatchable, owing to the fluctuating nature of, for... →
VARIABLE ENERGY Using gas as an energy source could assist in balancing out the variable nature of renewables such as wind and solar power
Investment in gas economy tough if risk exceeds appetite
By: Nica Schreuder 28th July 2017 Gas infrastructure for electricity generation requires key investors to get involved in this capital-intensive endeavour but if the perception among investors is that of risk exceeding reward, investment is unlikely to emerge, says oil and gas equipment supplier Energas Technologies project... →
Shale gas still a power resource option
By: Nica Schreuder 28th July 2017 Global leading engineering, consulting and construction company Black & Veatch sub-Saharan Africa business development director Webb Meko says successful exploration for shale gas could make up for South Africa’s lack of natural gas as a power resource. “Concerns about the possible detrimental... →
PICTURESQUE POTENTIAL A large amount of untapped shale gas in the Karoo basin provides both opportunities and challenges for South Africa’s gas economy
Coega IDZ preferred location for the gas to power programme
By: Nica Schreuder 28th July 2017 The Coega Industrial Development Zone (IDZ) has initiated an environmental impact study for South Africa’s gas-to-power programme, and has strategically explored the IDZ’s full potential beyond its gas power plant’s current allocation of 1 000 MW. “The foundation of South Africa’s readiness... →
EMPLOYMENT OPPORTUNITY The construction and operation phases to accommodate a gas economy in South Africa will provide job opportunities and economic growth
New solutions make LNG to power a reality in Africa
By: Robyn Wilkinson 14th July 2017 Marine and energy solutions provider Wärtsilä will present solutions that provide a way for the South African government to realise its liquefied natural gas (LNG)-to-power ambitions in a realistic, cost-effective and swift manner at this year’s POWER-GEN & DistribuTECH Africa. →
New variable-speed drive showcased at European expo
14th July 2017 Last month multinational industrial machinery manufacturer Voith exhibited power industry solutions at the POWER-GEN Europe 2017 conference and exhibition, and one of the main features was its new variable speed drive (VSD), the VECO-Drive, intended to enhance the efficiency of rotating... →
Pipeline expansion project completed in February
14th July 2017 In February, high-end and specialised equipment supplier Energas Technologies announced that it had completed a commission to design and supply a mobile heater skid to a budgeted $210-million pipeline expansion project. The project was commissioned by engineering firm VGI Consulting Africa, on... →
Nepad Special Fund contributors call for increased contribution for Africa’s infrastructure development
By: Creamer Media Reporter 10th July 2017 While contributions to the New Partnership for Africa’s Development’s (Nepad’s) Infrastructure Project Preparation Facility (IPPF) Special Fund reached some $90.5-million during the first half of this year, donor contributors have urged other countries to contribute to the fund to support... →
Tosaco Energy granted permits to explore for onshore gas in Mpumalanga
By: Megan van Wyngaardt 6th July 2017 The Petroleum Agency of South Africa has granted a new entrant in South Africa’s energy sector, Tosaco Energy, three onshore technical cooperation permits (TCPs), enabling the company to explore for and develop a potential gas resource in Mpumlanga. Situated near existing natural gas pipeline... →
Agri SA says will not support fracking as set out under current legislation
By: Anine Kilian 5th July 2017 Agricultural industry association Agri SA says it cannot support government’s continued pursuit of hydraulic fracturing (fracking). Addressing media at a briefing in Centurion, on Wednesday, Agri SA president Johannes Möller said there were still uncertainties with respect to water supply and... →
Petredec, Bidvest to develop 22 600 t LPG storage facility
By: Megan van Wyngaardt 9th June 2017 Liquefied petroleum gas (LPG) logistics company Petredec has entered into an agreement with bulk liquid storage operator Bidvest Tank Terminals to develop a new 22 600 t facility for the import and storage of LPG at Bidvest’s site, in Richards Bay. The completed facility will be the region’s... →
IRP draft hinders cogeneration opportunities
By: Tasneem Bulbulia 9th June 2017 An unintended consequence of the recently published draft Integrated Resource Plan (IRP) for energy is that because it excludes cogeneration as a viable technology, cogenerators will be unable to participate in the energy market without Ministerial consent, says Paper Manufacturers Association of... →
OVERLOOKED ENTITY The impact of the DoE IRP draft excludeing cogeneration as a viable, green technology raises concerns forpulp and paper industry
Eastern Cape sets sights on becoming Africa’s leading fuel bunkering centre
By: Mia Breytenbach 12th May 2017 Following the successful introduction of a deep-sea bunkering service off the coast of Port Elizabeth, in the Eastern Cape, the province has set itself the target of being the leading bunkering stopover in Africa, states Eastern Cape MEC for Rural Development and Agrarian Reform Mlibo... →
TARGETING OPPORTUNITIES The Eastern Cape province is targeting liquid fuels, bunkering services and biofuels, gas-to-power generation and a commercial and industrial gas industry
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