Page 7 - GLNG Week 46 2021
P. 7

GLNG                                             AFRICA                                               GLNG















































       South Africa receives first ever LNG shipment





        PROJECTS &       SOUTH  Africa has received its first-ever  arrival of the LNG consignment was an inflec-
        COMPANIES        container of LNG at the Port of Ngqurha in  tion point for South Africa’s energy market.
                         Gqeberha, in the Eastern Cape, from the Neth-  “This marks a key moment in our shift
                         erlands. South Africa’s DNG Energy Group is the  from coal-fired and oil-fired power gen-
                         architect of the $5bn project.       eration to cleaner alternatives. Along with
                           The alternative energy company aims to  renewables like wind and solar, the new gen-
                         establish a pan-African LNG supply network, as  eration of gas technology brings low-cost   In the past few
                         an alternative to South Africa’s dependency on  power production capabilities to the market
                         coal. In the past few months South Africa has  on a massive scale.”        months South
                         indicated that it is willing to move away from   Mbalati said LNG would play a key role in
                         coal and DNG said LNG represents an alter-  helping the country meet its carbon emission   Africa has
                         native that will help cut greenhouse gas (GHG)  goals and providing power to a growing popula-
                         emissions, reduce air pollution and help slow  tion as the world makes the transition towards a  indicated that it
                         climate change.                      zero-carbon energy future.           is willing to move
                           The development is a precursor to the com-  He continued that in addition to being an
                         missioning of DNG’s first floating storage unit  abundant energy resource for generating elec-  away from coal.
                         (FSU) delivery in the first quarter of 2022.  tricity and providing fuel for industrial processes
                         DNG believes it will set the stage for a new era  and heating, LNG can be used as a raw material
                         of growth, competition and sustainability in the  to produce chemicals, fertiliser and hydrogen. It
                         energy market.                       can also be used in several residential, commer-
                           In a statement it explained that “this afforda-  cial and transport applications.
                         ble alternative energy” is the culmination of a   “We look at the LNG value chain in a holistic
                         $5bn, seven-year investment in infrastructure,  way, from source to consumption, with ambi-
                         and will catalyse the growth of a new gas econ-  tious expansion infrastructure plans for South
                         omy in South Africa. It will also support the shift   Africa, Mozambique and Nigeria,” said Mbalati.
                         to more sustainable energy sources, facilitate  “Over the next few years, LNG has the potential
                         industrialisation, create new jobs and offer com-  to drive significant growth and job creation,
                         mercial customers more choice.       while helping South Africa reduce its emissions
                           DNG’s CEO, Aldworth Mbalati, said the  by as much as 30% to 40%.”™



       Week 46   19•November•2021               www. NEWSBASE .com                                              P7
   2   3   4   5   6   7   8   9   10   11   12