ExxonMobil Signs Preliminary Agreement to Supply LNG to South Africa's First Import Terminal

ExxonMobil has signed a preliminary agreement with Zululand Energy Terminal (ZET) to supply liquefied natural gas (LNG) for the first import terminal in South Africa. The project, developed as a joint venture between Vopak Terminal Durban and Transnet Pipelines, aims to diversify energy sources by reducing reliance on coal and addressing an anticipated gas shortfall by 2030.

By Charles Kennedy Wed, June 17, 2026 at 7:30 PM GMT+3 2 min read · Yahoo Finance ·

ExxonMobil Signs Preliminary Agreement to Supply LNG to South Africa's First Import Terminal

Tickers: $XOM

Topics: Energy Transition Infrastructure International Trade LNG

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