Richards Bay liquid natural gas bulk terminal, South Africa – update
Name of the Project
Richards Bay liquid natural gas (LNG) bulk terminal.
Location
Port of Richards Bay’s South Dunes precinct, in KwaZulu-Natal, South Africa.
Project Owner/s
Transnet National Ports Authority (TNPA) signed a 25-year concession agreement with Vopak SA Developments in November 2022.
Project Description
The liquid bulk terminal will serve as a catalytic project for the Port of Richards Bay masterplans, which form part of the larger KwaZulu-Natal Logistics Hub Programme.
The project entails the development, construction, operation and maintenance of a liquid bulk terminal at the port.
Potential Job Creation
Not stated.
Capital Expenditure
The project involves a R1-billion investment.
Planned Start/End Date
The project is scheduled to enter into commercial operation during 2027.
Latest Developments
The TNPA has selected Vopak & TPL Consortium Venture following a bidding process for an entity to design, develop, build, finance, operate and maintain the LNG terminal for 25 years.
The next step is the signing of the terminal operator agreement, which is under negotiation.
Vopak is a Dutch company with a network of 78 terminals, including LNG terminals, in 23 countries, while TPL is the State-owned entity responsible for South Africa’s strategic fuel pipeline assets.
TNPA will invest in the common user port infrastructure, while the terminal operator will provide the terminal infrastructure.
Key Contracts, Suppliers and Consultants
None stated.
Contact Details for Project Information
Transnet corporate affairs manager Nkululeko Molefe, email Nkululeko.molefe@transnet.net.
Comments
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
At SMS group, we have made it our mission to create a carbon-neutral and sustainable metals industry.
VISIT SHOWROOM
Weir is a global leader in mining technology. We recognise that our planet’s future depends on the transition to renewable energy, and that...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
