LNG

Exxon Mobil has signed a preliminary LNG supply agreement with Zululand Energy Terminal (ZET), South Africa’s planned first LNG import facility, as the US energy major seeks to grow its global LNG supply to more than 40 mtpa by 2030.

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.