South Africa harbours plans to build an LNG import terminal and hire two tankers which can process the gas onboard, to meet demand for the fuel from power plants and prevent power-cuts, a consultant is reported to have said.
Eskom Holdings Ltd, which generates around 95% of South Africa’s electricity provision, and PetroSA, South Africa’s national oil company, plan to build an LNG import terminal and power plant at Coega Industrial Development Zone in the south.
The companies also plan to hire two so-called floating storage and re-gasification vessels, Poten & Partners revealed in a recently e-mailed report, according to news agency Bloomberg.
Power blackouts earlier this year cut output at South Africa’s gold and platinum mines and the country faces shortages until 2012. Eskom relies mainly on coal-fired generators and aims to increase the use of gas, with the planned LNG projects supplying as much as 3.4 million tonnes per year of the cleaner- burning fuel.
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