ESKOM AND SASOL HAVE SIGNED A GAS-FOR-FUEL MOU DOCUMENT

Eskom and Sasol Have Signed A Gas-For-Fuel MoU Document

Eskom and Sasol Have Signed A Gas-For-Fuel MoU Document

Blog Article


Friday, September 20, 2024

Eskom and energy and chemical business, Sasol, have signed a Memorandum of Understanding (MoU) to "collaboratively discover and research potential future liquified natural gas (LNG) requirements".

This is according to a joint statement by the two providers, following the signing ceremony from the MoU on Friday.

"The collaboration aims to ascertain the prospective volumes that South Africa involves to ascertain a viable LNG import marketplace, along with the enabling infrastructure, and can be facilitated by governing administration-to-governing administration relations the place required."

"This initiative concentrates on working with gas for ability generation to offer essential base load energy and position gas being a important enabler of re-industrialisation, when also ensuring continued supply to the marketplace by unlocking global LNG resources.

"Furthermore, the collaboration will contribute sasol to enhancing South Africa’s energy mix and enable the country's energy transition and decarbonisation," the joint statement read.

The MoU is expected to "explore sourcing gas within South Africa, the Southern African Development sasol bursaries Community region, and other parts of the African continent, in addition to evaluating long-term LNG contracting".

"This will support the gas requirements for Eskom’s planned coal power station repowering and conversion to gas in the long term. The parties will also engage other state entities to enable an LNG value chain in South Africa.

"As part of its revised gas strategy, Sasol is working on enabling the future supply of LNG to South Africa by collaborating with companies such as Eskom, existing and future customers, suppliers, and infrastructure developers.

"The research findings from the first phase of the Sasol-Eskom collaboration will guide the necessary role players and investors required to offer the best prospects for South Africa's click here energy market, while outlining the challenges associated with the long-term commitments required for LNG imports," the statement said.

Report this page