Sasol and Eskom to explore demand anchors for LNG as part of effort to avert ‘gas cliff’

Eskom and Sasol have signed a memorandum of understanding (MoU) to jointly explore the potential to introduce liquified natural gas (LNG) to replace natural gas imports from southern Mozambique, which are currently set to decline sharply from 2027. The MoU was signed by Eskom CEO Dan Marokane and Sasol CEO Simon Baloyi at a ceremony held at Eskom’s Megawatt Park, which was attended by Electricity and Energy Minister Dr Kgosientsho Ramokgopa.
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A $90bn World Bank plan to electrify Africa gets under way

A plan to bring electricity to 300-million Africans by 2030, backed by an initial pledge of $30-billion from the World Bank and the African Development Bank, has begun to be implemented with an assessment of the first potential beneficiaries.

Some of the world’s most prominent climate organizations — the Rockefeller Foundation, Global Alliance for People and Planet and Sustainable Energy For All — on Friday announced the formation of a technical assistance facility to examine projects and help secure funding for those that qualify for the program known as Mission 300. The aim is to ultimately raise $90-billion or more from a range of sources.

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