ExxonMobil and Vopak Sign a MoU for a South Africa’s LNG Feasibility Study
01.04.2021 By Greta Talmaci - NEWS

January 04, 2021 [Oil Review Africa] – ExxonMobil and Vopak plan to evaluate the infrastructure critical for South Africa needed to take advantage of the benefits that LNG can bring to the country, including providing a reliable, cost-effective fuel source, as well as an option for reducing emissions. These benefits can be achieved by repurposing older coal power plants, converting peaking power plants and securing supply for South Africa’s industrial sector.

“ExxonMobil is excited to work with Vopak to evaluate innovative approaches to bring competitive LNG projects to South Africa,” said ExxonMobil LNG Market Development President Irtiza Sayyed. “As a gas industry leader with strategic access to LNG supplies around the world, ExxonMobil is well-positioned to supply cleaner, reliable energy to power South Africa in the future.”

Kees van Seventer, president, Vopak LNG, said, “Our collaboration with ExxonMobil will allow us to leverage our global expertise and experience to develop resilient and efficient LNG infrastructure for South Africa.”

Vopak and ExxonMobil have successfully worked together for several decades across the energy sector. The future projects that would come from this study are set to help ensure the security of South Africa’s gas supply and may have the potential to help improve air quality in South Africa.

——

Click Here to Access Today a 6,000 Tank Terminal Database With a Pro Trial
6,000 terminals as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

India's First Methanol Plant to be Set up in Telangana
11.21.2024 - NEWS
November 21, 2024 [Chem Analyst]- In a groundbreaking initiative, India is set to get its first m... Read More
Egypt in Talks with Foreign Companies Over Long-Term LNG Purchases, Sources Say
11.21.2024 - NEWS
November 21, 2024 [Reuters]- Egypt is in talks with U.S. and other foreign companies to purchase ... Read More
INEOS and GNFC Sign a Memorandum of Understanding to Build a New World Scale Acetic Acid Unit in India
11.21.2024 - NEWS
November 21, 2024 [INEOS]- INEOS Acetyls and Gujarat Narmada Valley Fertilizers & Chemicals L... Read More
Peru's State Oil Firm Could Open to Private Investors in 2025, Chairman says
11.21.2024 - NEWS
November 21, 2024 [Reuters]- Peru’s indebted state-run oil firm could consider offering a ... Read More