DNG Energy to start LNG bunkering in South Africa

DNG Energy, which has obtained a South African licence to supply marine fuel, is looking to start LNG bunkering operations at Algoa Bay from the second quarter of 2020.

06/12/2019 at 17h44, by Africa Business+

Aldworth Mbalati, who founded DNG in 2013, stated that he was seeking to invest with partners (not specified) $300 million in this project. It includes a 147,000 cubic metre second-hand floating storage unit (FSU) brought in from another continent, without any further details on its status (purchase or lease).

Recommended articles

Energy

21/10/2019 at 22h46, by Africa Business+

Algeria: why Sonatrach is investing €100m in Medgaz

Now that UAE fund Mubadala has sold its stake in Medgaz, Algeria’s state-owned Sonatrach has become...

Any questions ? contact us

Please get in touch with the Africa Business+ team if you require any further information.

Email us : customer.care@africabusinessplus.com