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Affiliates of Exxon Mobil Corporation (ExxonMobil) and Royal Vopak (Vopak) have signed a Memorandum of Understanding (MoU) to work together on a feasibility study to assess the commercial, technical and regulatory aspects of an LNG regasification terminal in South Africa, to bring LNG into the country.
ExxonMobil and Vopak plan to evaluate the infrastructure critical for South Africa needed to take advantage of the benefits that LNG can bring to the country, including providing a reliable, cost-effective fuel source, as well as an option for reducing emissions. These benefits can be achieved by repurposing older coal power plants, converting peaking power plants and securing supply for South Africa’s industrial sector.
ExxonMobil and Vopak sign a memorandum of understanding for a LNG feasibility study in South Africa
édité le 16/12/2020 - Plus de news de VOPAK - Voir la fiche entreprise de VOPAK
Affiliates of Exxon Mobil Corporation (ExxonMobil) and Royal Vopak (Vopak) have signed a Memorandum of Understanding (MOU) to work together on a feasibility study to assess the commercial, technical and regulatory aspects of an LNG regasification terminal in South Africa, to bring LNG into the country.
ExxonMobil and Vopak plan to evaluate the infrastructure critical for South Africa needed to take advantage of the benefits that LNG can bring to the country, including providing a reliable, cost-effective fuel source, as well as an option for reducing emissions. These benefits can be achieved by repurposing older coal power plants, converting peaking power plants and securing supply for South Africas industrial sector.
Exxon, Vopak consider LNG plans for South Africa
ExxonMobil and Royal Vopak have signed a memorandum of understanding (MoU) on a potential LNG regasification terminal in South Africa. 16/12/2020, 1:01 pm
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ExxonMobil and Royal Vopak have signed a memorandum of understanding (MoU) on a potential LNG regasification terminal in South Africa.
“ExxonMobil is excited to work with Vopak to evaluate innovative approaches to bring competitive LNG projects to South Africa,” said ExxonMobil LNG Market Development President Irtiza Sayyed. The company can “supply cleaner, reliable energy to power South Africa in the future”, Sayyed said.