South Africa’s Gas-To-Power Project To Gulp $3.7bn


Credit: Wikipedia

South Africa government said planned gas-to-power projects will gulp around 50 billion rand ($3.7 billion) and will require 1.6 million tonnes a year of gas imports.
Karen Breytenbach, department of energy official disclosed this on Tuesday
 South Africa will announce preferred bidders for gas-to-power projects by the end of March as part of efforts to diversify electricity generation away from more environmentally damaging coal plants.
The winners of the bid will build South Africa’s first liquefied natural gas (LNG) import terminal, gas-fired power plants, storage facilities and transmission pipelines.



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