ST Energies invests in Matola supply chain to ease energy constraints in South Africa
Energy firm ST Energies has invested into a supply and storage contract with the Matola region, in Mozambique, to embed diverse energy supply chains in South Africa, supporting existing regional supply chains to help South Africa mitigate its over-reliance on domestic demand from the Port of Durban.
The company initiated and concluded negotiations for this supply and storage contract, ensuring there is a sustainable supply of fuel critical to the country and the local energy sector.
ST Energies notes that South African refinery production faces significant challenges in terms of security, supply and logistics, while the existing refinery market's facing deficits and limitations in supply and capacity has meant that the economics do not work.
As such, most of the supply is being imported into Durban, which ST Energies says is “not ideal”, especially considering the civil unrest in 2021.
ST Energies negotiated this supply and storage deal to ensure operations were in place prior to the upcoming refinery shutdowns expected in South Africa by the end of 2023.
With this deal in place, ST Energies says South Africa is “assured of a consistent supply of resources” that will help overcome the growing challenges of deteriorating supply chains and the current over-reliance on Durban port.
This investment is intended to ensure that South Africa receives a consistent supply of energy well into the future, and that systems and processes are put in place before refinery closures and supply chain complexities start to impact business and production.
Comments
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
BOVA cemented their reputation in Africa by delivering high quality engineering through their range of safety footwear. 21 years after producing...
VISIT SHOWROOM
ESAB South Arica, the leading supplier of high-end welding and cutting products to the Southern African industrial market is based in...
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
