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Richards Bay set to attract R80 billion investment with new LNG facility

Richards Bay is poised for a significant economic boost with over R80 billion in investments earmarked for a new liquefied natural gas facility and accompanying power plant, following a strategic partnership between Eskom and Zululand Energy Terminal

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Richards Bay set to attract R80 billion investment with new LNG facility

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SA’s gas-to-power plans lean towards LNG imports

Eskom agreed with Zululand Energy Terminal on LNG import facility at Richards Bay for 3,000 MW gas-to-power by 2030 under IRP 2025. LNG imports close the domestic gas gap but cost more; mid-merit operation ensures grid stability for renewable integration.

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Richards Bay set to attract R80 billion investment with new LNG facility

SA’s gas-to-power plans lean towards LNG imports

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SA’s gas-to-power plans lean towards LNG imports

Richards Bay set to attract R80 billion investment with new LNG facility