ExxonMobil to Develop South Africa’s First LNG Import Terminal at Port of Richards Bay

ExxonMobil has signed a heads of agreement with Zululand Energy Terminal (ZET) to develop South Africa's first liquefied natural gas import terminal. The project, managed by a consortium including Vopak Terminal Durban and Transnet Pipelines, aims to provide critical energy infrastructure for the country’s electricity and industrial sectors over a 25-year operational term.

By Maham Fatima Sun, June 21, 2026 at 1:52 PM GMT+3 2 min read · Yahoo Finance ·

ExxonMobil to Develop South Africa’s First LNG Import Terminal at Port of Richards Bay

Tickers: $XOM

Topics: Energy Infrastructure International Expansion Natural Gas

Read the full article at Yahoo Finance

More World news