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Liquefied Natural Gas

An image of WSGES Singapore team working on a FPSO project
Firm secures FPSO projects
8th September 2023

Industrial services specialist WSG Energy Services (WSGES) of Singapore has secured multiple contracts for floating production, storage and offloading (FPSO) vessel projects with a combined value... 


Kinetiko expects to complete Afro Energy buyout soon
4th September 2023 By: Darren Parker

Energy company Kinetiko Energy expects that it will formally close the acquisition of 100% of Afro Energy within the next few weeks.  Australia-headquartered Kinetiko is developing an energy... 


Gas production to increase
1st September 2023

A resurgence in global gas production, anticipated to increase by 1.6%, is forecasted for 2023. This growth is expected to be led by Africa, Latin America and the Caribbean (LAC), the Middle East... 


Oil, gas profitable as transition deferred
1st September 2023 By: Nadine Ramdass

Despite the global commitment to a green energy transition, the oil and gas industry is the most profitable industry, with a 20% financial investment decision (FID) rate, says global energy trade... 


Large-scale waste-to-DME projects in development
1st September 2023 By: Nadine Ramdass

Large-scale waste-to-dimethyl ether (DME) projects, one based in north-west Europe and the other on the Gulf Coast of the US, are in the feasibility stage, with the projects anticipated to produce... 


Firm sells 15% interest in Absheron gasfield
1st September 2023

Multi-energy company TotalEnergies and gas company State Oil Company of the Republic of Azerbaijan (Socar) signed an agreement last month to sell a 15% participating interest each in their joint... 


Global gas consumption to continue growth in 2023 – report
1st September 2023

Global gas consumption is expected to continuing growing in the latter half of this year, mainly driven by increasing energy demand in China, the US and some emerging countries in Asia Pacific,... 


Photo of Terence Creamer
Sasol assessing solutions to bolster liquid fuels volumes at Secunda
24th August 2023 By: Creamer Media Reporter

Engineering News editor Terence Creamer speaks about the latest developments at Sasol's Secunda operation, including the R36-billion impairment Sasol has taken, what this means for the Secunda... 


Sasol CEO Fleetwood Grobler
Secunda refinery’s post-2030 output cut as Sasol struggles to pin down gas supply
23rd August 2023 By: Terence Creamer

Energy and chemicals group Sasol says it is continuing to assess several technology and feedstock solutions to bolster post-2030 liquid fuels and chemicals volumes at its Secunda refinery, in... 


An image of McConnell Dowell work
Aveng swings to a loss in ‘transitional’ year
22nd August 2023 By: Tasneem Bulbulia

Construction and engineering group Aveng has described the financial year ended June 30 as one of transition, characterised by a normalisation of operating activities as the group emerged from the... 


Renewable energy and fossil fuel power infrastructure
TIPS sets out to create a South Africa-focused Just Transition Transaction Framework
21st August 2023 By: Darren Parker

Independent, nonprofit economic research institution Trade & Industrial Policy Strategies (TIPS) has launched research on a proposed Just Transition Transaction Framework. During a webinar on... 


An image showing Karpowership's project in Brazil
Karpowership ‘very confident’ South African projects will proceed, open to shorter contract term
15th August 2023 By: Tasneem Bulbulia

Turkish energy company Karpowership, which has been seeking to implement three ship-based power projects in South Africa after being named one of the preferred bidders in the government’s Risk... 


Jeffrey's Bay wind farm
Energy users believe natural gas not green enough
20th July 2023 By: Darren Parker

Many large energy users do not see natural gas as a viable option for the production of hydrogen, diversified minerals and investment group Siyakhula Sonke Empowerment Corporation (SSC) renewable... 


A ship transporting LNG
Closer dialogue between producers, consumers needed to ensure security of gas supply
18th July 2023 By: Schalk Burger

The global energy crisis sparked by Russia’s invasion of Ukraine in February 2022 has transformed the structure of natural gas markets, necessitating closer dialogue between producers and consumers... 


Commission refers excessive pricing complaint against Sasol Gas to Tribunal
11th July 2023 By: Schalk Burger

The Competition Commission has referred a complaint of excessive pricing of natural piped gas against Sasol Gas to the Competition Tribunal. “The commission found that Sasol Gas extracted mark-ups... 


petrol pumps
Petrol prices to drop, but diesel prices will rise
3rd July 2023 By: Darren Parker

The price of 93 unleaded petroleum (ULP) and leaded replacement petrol (LRP) will drop by 24 c/ℓ on July 5, while 95 ULP and LRP will come down by 17 c/ℓ, according to a statement issued by Mineral... 


Renergen secures $500m loan for Phase 2 of Virginia gas project
26th June 2023 By: Simone Liedtke

Green energy supplier Renergen has marked another significant milestone for Phase 2 of its Virginia gas project, through the completion of a notification process by the US International Development... 


Natural gas presents clean, reliable low-carbon energy for Africa's development
23rd June 2023 By: Schalk Burger

Natural gas can provide Africa with a means of dramatically increasing the amount of energy available on the continent with significantly lower levels of greenhouse-gas emissions and pollution than... 


Energy Ministry power directorate deputy director Seth Mahu
Ghana aims for 30% nuclear, 20% renewables in energy mix by 2070
20th June 2023 By: Darren Parker

Ghana is gunning for nuclear energy to account for 30% of its energy mix by 2070, with renewable energy set to account for about 20%. “We see three key energy sources play a leading role in the... 


Renergen CEO Stefano Marani
Renergen’s shares rise on Phase 2 funding deal
7th June 2023 By: Creamer Media Reporter

Natural gas and helium producer Renergen’s JSE-listed share price rose by more than 11% on June 7 after the company announced progress in securing funds for the construction of Phase 2 of its... 


TotalEnergies prepares for Mozambique LNG restart
23rd May 2023 By: Reuters

French energy company TotalEnergies will relaunch its Mozambique LNG project once it has followed the recommendations of a commissioned human rights report that was published on Tuesday, the oil... 


Sasol's CPF pipeline
Tribunal interdicts Sasol Gas from increasing its prices for six months
18th May 2023 By: Creamer Media Reporter

The Competition Tribunal has granted an interim relief application brought by the Industrial Gas Users’ Association of Southern Africa (IGUA-SA), interdicting Sasol Gas from increasing the price of... 


Renergen, Timelink ink ground-breaking LNG supply agreement
3rd May 2023 By: Simone Liedtke

Dual-listed natural gas and helium producer Renergen, through its subsidiary Tetra4, has signed agreements with transport company Timelink to supply liquefied natural gas (LNG) and displace a... 


TotalEnergies says Mozambique LNG restart complicated by cost disagreements
28th April 2023 By: Reuters

The restart of TotalEnergies' $20-billion Mozambique liquefied natural gas (LNG) project is being complicated by disagreements with contractors over extra costs, the company said on Thursday. The... 


An image depicting the Virginia gas project
Successful project promotes local gas economy
28th April 2023 By: Sabrina Jardim

With Phase 1 of the Virginia gas project – in the Free-State – having been a watershed for South Africa’s gas economy, Phase 2 of the project is expected to catapult South Africa to becoming one of... 


An image depicting a smiling woman, Patience Panashe
Local gas projects support gas economy
28th April 2023 By: Sabrina Jardim

South Africa’s significant natural gas reserves and extensive gas infrastructure exemplify the country’s potential to develop a natural gas industry, says research and strategy firm Birguid senior... 


Mozambique's President says TotalEnergies can safely resume $20bn gas project
26th April 2023 By: Reuters

Mozambique's President Filipe Nyusi on Wednesday said it was safe for TotalEnergies to restart its Cabo Delgado liquefied natural gas (LNG) project that was halted in 2021 following insurgent... 


TPT expects to invest just over R8-billion over the next five years
South African port operator pursuing R8bn OEM strategy in bid to bolster equipment performance
24th April 2023 By: Terence Creamer

Transnet Port Terminals (TPT) is optimistic that its emerging strategy of entering into long-term agreements with original-equipment manufacturers (OEMs) for the supply and life-cycle maintenance... 


Aveng warns of operating loss as Philippines LNG project suffers further delays
13th April 2023 By: Schalk Burger

Infrastructure and resources company Aveng's share price on the JSE fell by more than 28% on April 13 after it announced that the underperforming Batangas liquefied natural gas (BLNG) terminal... 


A picture of the Malicounda power plant
130 MW power plant in Senegal fully commissioned
13th March 2023 By: Donna Slater

Energy sector solutions provider Wärtsilä reports that a 130 MW power plant it built in Malicounda, in western Senegal, is now fully operational and officially inaugurated by Senegal President... 


Virginia project could yield up to R6.2bn a year in Ebitda, Renergen estimates
8th March 2023 By: Tasneem Bulbulia

JSE-listed Renergen says its Virginia gas project, in the Free State, could generate an estimated R5.7-billion to R6.2-billion in earnings before interest, taxes, depreciation and amortisation... 


IEA executive director Fatih Birol
Renewables, clean energy technologies limit carbon emissions amid global energy crisis
2nd March 2023 By: Darren Parker

Global energy-related carbon dioxide (CO2) emissions increased by less than 1% in 2022, according to new analysis published by the International Energy Agency (IEA). The ‘CO2 Emissions in 2022’... 


A TotalEnergies logo
Total’s LNG-project revival crucial for Mozambique to pay debt
2nd March 2023 By: Bloomberg

Mozambique’s ability to keep servicing its rising debt pile depends on the resumption of TotalEnergies SE’s $20-billion liquefied natural gas project, according to S&P Global Ratings. The project,... 


Kinetiko looks at LNG deal in South Africa
2nd March 2023 By: Esmarie Iannucci

ASX-listed Kinetiko Energy has reached a non-binding memorandum of understanding (MoU) with South Africa-based FFS Refiners that could potentially see the production and distribution of liquefied... 


Civil society organisations petition African leaders to reject gas energy strategy
17th February 2023 By: Darren Parker

With the thirty-sixth Ordinary Session of the African Union (AU) Assembly of Heads of State being held in Ethiopia over the weekend of February 18 and 19, civil society organisations (CSOs) have... 


Transnet partners with Vopak for Richards Bay LNG Terminal bid
17th February 2023 By: Tasneem Bulbulia

State-owned Transnet Pipelines has selected Vopak Terminal Durban as its preferred partner to jointly bid for the Transnet National Ports Authority’s request for proposals to appoint a terminal... 


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