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Home Energy

South Africa approves LPG expansion

Energy Capital & Power by Energy Capital & Power
May 31, 2022
in Africa, Energy, South Africa
Reading Time: 2 mins read
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Developed by the Department of Mineral Resources and Energy (DMRE), South Africa’s Liquefied Petroleum Gas (LPG) Rollout Strategy has been approved by Cabinet.

The objective of the plan is to advance the domestic industry and expand the application of LPG in diversifying the energy mix. Energy security, affordability and decarbonization represent key components.

While South Africa battles a constrained national grid, the rollout strategy aims to reduce pressure on the grid while also reducing consumer dependence on expensive fossil fuels such as coal and paraffin for cooking and heating.

Also read: AfDB – South Africa joint statement in relation to Just Energy Transition

The DMRE has outlined in a draft version of the document that the plan will address challenges such as lack of adequate infrastructure across the entire LPG value chain – this will range from production and distribution to wholesaling and retailing. The DMRE has also revealed that it seeks to double the LPG market by 2026 in a bid to provide consumers with a more affordable, cleaner and greener energy resource.

The DMRE will work in partnership with both private and public sector institutions, such as the Central Energy Fund, to accelerate the development of key gas infrastructure and to increase market players in a bid to stimulate competition.

Also read: South Africa treasury to roll out gender-responsive budgeting strategy

Minister in the Presidency, H.E Mondli Gungubele, stated at a post-Cabinet briefing that the strategy aims to, “…regulate pricing in the (relevant) value chain and support the manufacturing of LPG cylinders in the country. It will also educate the public about the benefits of using LPG as an alternative form of energy.”

The strategy also prioritizes expanding the southern African country’s refinery capacity to reduce imports. The approved strategy will be available for download from the DMRE website once published.

By Nicholas Nhede

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Source: Energy Capital & Power
Tags: Central Energy FundDepartment of Mineral Resources and Energy (DMRE)domestic industryEnergy Mixenergy securityfossil fuelsLiquefied Petroleum GasLPGMondli GungubeleSouth AfricaSouth Africa approves LPG expansionSouth Africa’s LPGюжная-африкаجنوب-أفريقيا南アフリカ南非
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Energy Capital & Power

Energy Capital & Power

Energy Capital & Power is the African continent’s leading investment platform for the energy sector. Through a series of events, online content and investment reports, we unite the entire energy value chain – from oil and gas exploration to renewable power – and facilitate global and intra-African investment and collaboration.

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