Exxon Set to Supply LNG to South Africa’s First Import Terminal

AI Summary

ExxonMobil has signed a preliminary agreement to supply LNG to South Africa's first LNG import terminal being developed at the Port of Richards Bay by Zululand Energy Terminal, a joint venture between Vopak Terminal Durban and Transnet Pipelines. The facility will enable import, storage, regasification, and distribution of LNG for power generation and other uses in South Africa.

ExxonMobil and the company developing South Africa’s first LNG import terminal have signed a preliminary agreement for the U.S. supermajor to supply LNG to the proposed import terminal at the Port of Richards Bay, Zululand Energy Terminal (ZET) said on Wednesday. The Zululand Energy Terminal is being developed as a joint venture between Vopak Terminal Durban and Transnet Pipelines, and is expected to be South Africa’s first LNG import facility, enabling the import, storage, regasification, and distribution of LNG to both power generation…