South Africa set for LNG bunkering
LNG could be delivered in South Africa from next year following the granting of a bunkering license at a port in the country.
DNG Energy has received final authorisation from the Transnet National Port Authority (TNPA) to begin LNG bunkering operations in the Port of Coega (Port of Ngqura), in the Eastern Cape province of South Africa.
Aldworth Mbalati, group chief executive officer of DNG Energy, said: “This is a positive outcome for DNG Energy and South Africa. Our country is poised to become a premium LNG bunkering hub in the Southern Hemisphere.”
The licence is a first in Africa and will enable DNG Energy to use its floating storage unit (FSU) in Algoa Bay, to offer offshore as well as on-shore logistics with ship-to-ship transfers, plus LNG ‘milk runs’ within the country.
“The licence opens up a way for us to deliver LNG in South Africa as early as 2021. The next steps include completing our terminal infrastructure at Algoa Bay and finalising delivery of our storage and bunkering equipment. We are poised to be the gas solutions provider for local and international markets by adding value in the gas value chain,” added Mr Mbalati.
Founded in 2013, DNG Energy is creating a pan African LNG supply network. Over the next five years, the company will be investing around US$5bn to bring this affordable energy alternative to market.