South Africa’s parastatal Transnet National Ports Authority (TNPA) has selected the Vopak Terminal Durban & Transnet Pipelines (TPL) consortium as the preferred bidder to develop and operate a liquefied natural gas (LNG) terminal at Richards Bay.
Set to begin commercial operations in 2027, the LNG terminal will be designed, constructed, financed, operated and maintained by the TPL consortium for a period of 25 years.
“TNPA is excited about the prospects this project brings, especially that this gas infrastructure will be the first of its kind in South Africa,” stated TNPA Managing Executive for the Eastern Region, Moshe Motlohi.
Poised to reduce South Africa’s reliance on coal-fired power plants while addressing the country’s energy crisis, the LNG terminal aligns with the Department of Mineral Resources and Energy’s Integrated Resource Plan 2024 and Strategic Plan for 2020-25.
