LNG

In a significant move that reflects South Africa's strategic intentions, the government has unveiled a proposal to import liquefied natural gas (LNG) from the United States. This initiative is outlined in a ministerial statement signed by Khumbudzo Ntshavheni, the Minister in the Presidency. The plan aims for South Africa to acquire between 75 to 100 petajoules of LNG annually, positioning the nation as a growing player in the global energy landscape. Ntshavheni has expressed optimism about this deal, citing…

The Future of Mozambique's LNG Project: A Story of Challenges and Resilience Exciting developments are fueling the optimism of Mozambique's long-anticipated LNG project. Recently, the board of the U.S. Export-Import Bank extended its approval for a nearly $5 billion loan, invigorating the once-stalled initiative spearheaded by the French oil behemoth, TotalEnergies. For some, this development is akin to breathing life into a slumbering giant, rousing the project from its dormancy. But why was this project, with so much…