Contracts Awarded to Advance Plans for South Africa’s First LNG Terminal

Efforts to develop the first LNG import terminal in South Africa are continuing to make progress with 2026 now targeted for a final investment decision. A terminal operator agreement was signed which provides for the design, development, construction, and operation of the terminal which would be located at the Port of Richards Bay on the Indian Ocean coast of South Africa.

Transnet Pipelines, a division of the state-owned group and that operates nearly 2,000 miles of pipelines, has formed a joint venture with Vopak Terminal Durban, part of Royal Vopak, for the planned LNG terminal. Transnet National Ports Authority appointed …