Eskom has entered an LNG supply agreement with Zululand Energy Terminal (ZET) to underpin its planned 3,000 MW gas-to-power project in Richards Bay, South Africa. The deal will make Eskom a “foundation customer” at the proposed regas terminal, which will offer open-access LNG imports.
Dutch terminal operator Vopak has delayed its final investment decision (FID) on South Africa’s first LNG import facility until the first quarter of 2028. The decision follows a court order, halting state utility Eskom’s plans for a 3,000 MW LNG-fuelled power plant at Richards Bay.
Royal Vopak, the Dutch operator of global energy storage assets, reported a strong first quarter and an increase in net profits as it broadened its activities around the world and planned an LNG import terminal in South Africa.