Transnet signs major agreements for LNG terminal in Richards Bay

Container ships are seen outside Transnet’s harbour.

2 minutes

Transnet National Ports Authority (TNPA) has signed two major Terminal Operator Agreements – that will lead to the development of South Africa’s first Liquefied Natural Gas (LNG) import terminal and a liquid bulk terminal at the Port of Richards Bay’s South Dunes precinct.

The TNPA initiative is expected to strengthen the region’s logistical capabilities and also align with the national energy and economic goals.

“ These key projects, were developed as we followed through what we call the port development framework plans- and through that, we have identified a need to develop major LNG- terminal infrastructure, and that is not only for the port of Richards Bay, but we have identified three- ports, the port of Ngqura, the port of Richards Bay, and the port of Saldanha,” says Acting Chief Executive at Transnet National Ports Authority Phyllis Difeto.

He says the LNG terminal in Richards Bay will enable the construction of the gas, to power for both the interested Independent Power Producers and Eskom as outlined in South Africa’s energy plans.

“The introduction of this groundbreaking LNG import facility by Zululand Energy Terminal is a critical response to our nation’s energy challenges. Equally important, is the redevelopment of the bunkering services facility to be operated by our partner, FFS Tank Terminals. This… pic.twitter.com/y2WNH1RP5e

— Transnet NPA (@TransnetNPA) February 10, 2025