Transnet prepares to invite bids for Richards Bay LNG terminal

The State-owned Transnet National Ports Authority (TNPA) reports that a request for proposals will be issued in the “coming weeks” for the development of a liquified natural gas (LNG) terminal at the Port of Richards Bay, in KwaZulu-Natal. The tender process follows conformation by TNPA that it received 19 responses to a request for information (RFI) released on February 13 to assess market interest in the design, development, construction, financing, operations, maintenance and transfer of an LNG terminal in the port’s South Dunes precinct.