Africa

The African Energy Chamber Commends Industry Leaders Sasol and the Central Energy Fund (CEF) on their Memorandum of Understanding Regarding Natural Gas Development

Published

on

The African Energy Chamber Commends Industry Leaders Sasol and the Central Energy Fund (CEF) on their Memorandum of Understanding Regarding Natural Gas Development

Sasol and the CEF have demonstrated the value of industry integration and strategic partnerships in accelerating Africa’s energy growth

JOHANNESBURG, South Africa, September 7, 2021/APO Group/ —

The African Energy Chamber (AEC) (www.EnergyChamber.org) highly commends the recent Memorandum of Understanding (MoU) signed by industry leaders Sasol and the Central Energy Fund (CEF). Representing a significant step in the country’s move to increase natural gas utilization and monetization, the MoU brings together two of South Africa’s leading gas companies, significantly advancing South Africa’s natural gas industry.

Under the terms of the agreement, both companies will work collaboratively to develop natural gas solutions in South Africa. With the country aiming to increase the share of natural gas in its energy mix, leverage energy development for large-scale job creation, and establish sustained energy security for years to come, the MoU serves to further advance these objectives.

With their extensive experience across the entire energy value chain in South Africa, both Sasol and the CEF will be key drivers of growth regarding natural gas in southern Africa. With natural gas serving as the ideal transitionary resource in the shift to cleaner energy sources, the MoU will not only enhance South Africa’s energy growth, but drive Africa’s energy transition.

“Sasol and the CEF have demonstrated the value of industry integration and strategic partnerships in accelerating Africa’s energy growth. With natural gas becoming an increasingly valuable resource in southern Africa, and South Africa aggressively pursuing job creation opportunities, power generation solutions, and cleaner energy sources, both Sasol and the CEF are making significant progress in ensuring these objectives are fulfilled. The AEC congratulates both Sasol and the CEF for the signing of this MoU and we are excited to see what the future holds for South Africa’s gas industry,” state NJ Ayuk, Executive Chairman of the AEC.

Short Link: https://wp.me/pcj2iU-3C5v

NNN

NNN: :is a Nigerian online news portal that publishes breaking news in Nigeria, and across the world. Our journalists are honest, fair, accurate, thorough and courageous in gathering, reporting and interpreting news in the best interest of the public, because truth is the cornerstone of journalism and they strive diligently to ascertain the truth in every news report. Contact: editor @ nnn.ng

Recent Posts

Masqueraders obstructing traffic flow during Yuletide risk prosecution——FRSC Yahaya Bello reprimands Chinese contractors over substandard job First Black woman to lead a political party in Canada resigns Africa’s Agric Blockchain Firm unveils Tonto Dikeh as brand Ambassador Arab Republic of Egypt Minister of Civil Aviation meets with Ambassador of the Kingdom of Bahrain in Cairo See tourism as tools for poverty reduction – FG to states United States Strengthens Public Health Emergency Preparedness and Response in Nigeria 2021 World Pharmacists Day: Garki Hospital begins deworming of 1,000 persons Local vote to challenge dominance of South Africa’s ANC — World — – Nigeria and World News Ex-NAF Chief denies transferring N66m – NEWS AGENCY OF NIGERIA FG seeks collective responsibility, increased awareness to protect rivers KOICA Alumni Association donates COVID-19 palliatives to A/Ibom community Equatorial Guinea’s mega gas hub monetizes regional resources and consolidates the country’s position as Africa’s leading cross-border gas company Armenia, Azerbaijan mourn dead on war anniversary Instagram hits pause on kids' version after criticism Handling surrendering Boko Haram terrorists in Borno Announcement of the 16 finalists for the 2021 VC4A Venture Showcase – Seed & Series A Tracks Volcano lava flow halts but many confined over toxic gas fears Senator Adeola distributes Agricultural Seedlings in Senatorial District Pageant offers special youth empowerment in showbiz HOSCON Youths Extols The Developmental Strides of President Buhari Thailand to cut quarantine for vaccinated tourists Germany’s Social Democrats win election but uncertainty beckons APC chieftain advises politicians to desist from rumour, malicious propaganda IOM restores community theater to promote social cohesion in Sabha, southern Libya Nigeria at 61: Access Bank to reward 14 customers with N1m each Rotary Club donates books to Stella Maris School, Abuja Legislative aides threaten to picket NASS over 2019 salary arrears 61st Independence : UK-based Nigerian Accountant charges citizens on country’s ownership Coronavirus – Angola: USG shares 464,090 additional doses of Pfizer Covid-19 vaccine with Angola Envoy visits Russian Varsity, makes case for stranded Nigerian students Macron hit with egg during restaurant fair visit Rwanda: Round Ups-Linked to Commonwealth Meeting China calls for limits on 'non-medical' abortions Brussels waits to see who will govern Germany Running for harmony: Morobo residents celebrate International Day of Peace Dutch PM 'targeted for kidnapping by drug gangs': reports The Ministry of Foreign Affairs strengthens the network of Finnish missions abroad and invests in measures promoting the availability of skilled labor Coronavirus: 21% of adults now fully vaccinated, as South Africa emerges from third wave Reopening – call for experts from WHO regions of Africa and South-East Asia to join the Scientific Advisory Group on the Origins of New Pathogens (SAGO) Afghan saffron boss says Taliban will not silence her UNMISS educates Twic County residents in Warrap on revitalized peace deal Time For Urgent Action And Funds To Make Water Central To African Climate Policies Gabonese President Bongo pleaded for an inclusive energy transition Energy Capital & Power, Libya-Analysis LLC partner for the Libyan Energy and Economy Summit 2021 Africa Women Innovation and Entrepreneurship Forum (AWIEF) wins Associations Advance Africa award for outstanding achievement in diversity and inclusion In good times as in bad times, rugby is the life of Sanaa Barakat, the unstoppable of Rugby Africa Gambia Ministry of Petroleum and Gambia National Petroleum Company to attend MSGBC 2021 Oil, Gas and Electricity Conference South Korea’s President Moon raises dog meat ban Africa Oil Week set to host first-ever in-person event in Dubai