South Africa is one step closer to getting its first liquefied natural gas import terminal – as well as an expanded liquid bulk facility – after the Transnet National Ports Authority (TNPA) closed two deals.
The goal of the projects at the Port of Richards Bay’s South Dunes precinct is to position the northern KwaZulu-Natal port as a critical hub in South Africa’s logistics network and a primary entry point for LNG imports, according to Bizcommunity.
‘The projects collectively contribute to the uMhlathuze region’s economic resilience, with significant job creation in construction, operations and port-related industries. These initiatives highlight our commitment to transformation and workforce empowerment,’ says acting TNPA chief executive Phyllis Difeto.
The first agreement will see Zululand Energy Terminals develop and operate the new LNG terminal for 25 years. Engineering News reports that the terminal will have an initial throughput of at least 2 million tons a year, with the potential to increase that to more than 5 million tons. The first phase is expected to come into commercial operation in 2028.
Meanwhile, in a R123 million agreement with a 25-year concession period, FFS Tank Terminals will develop and operate the liquid bulk terminal – with the goal of efficiently delivering bunkering services to bulk carriers, container ships and tankers.
