Feasibility Study for the LNG Importation and Gas-to-Power Project - News | Energy Security Game Changer

Feasibility Study for the LNG Importation and Gas-to-Power Project

7 November 2019

Since 2012, the Western Cape Government has actively promoted the importation of Liquefied Natural Gas (LNG) into the Province via Saldanha Bay. In pursuit of this, the Western Cape Government has conducted numerous feasibility studies, all of which are publicly available. The WCG has now completed a comprehensive study to assess the viability of the Western Cape LNG Import Project. The Study was funded by the United State Trade & Development Agency and the Study Team was led by Delphos, which was supported by FTI Consulting, Granherne Inc, PRDW Africa Ltd, and Webber Wentzel.

The purpose of this study was to assess the viability of the importation of LNG at Saldanha Bay for electricity generation and industrial, transport and domestic use. The study covers the development of gas storage, transmission and distribution infrastructure along the West Coast corridor of the Western Cape. 

Building on and updating previous studies, it is the most comprehensive analysis of the West Coast LNG Project opportunity to date and includes:

  1. Market demand analysis
  2. Socio-economic impact assessment
  3. Economic, financial and contractual development
  4. Risk analysis
  5. US sources of supply
  6. Legal and regulatory analysis

As such, the study provides the basis for investors to consider various infrastructural, financial, and institutional permutations at different scales and can form the basis for a full bankable feasibility study.

To download the Feasibility Study click here: https://www.westerncape.gov.za/110green/download-lng-feasibility-study

All the studies can be found here: https://www.westerncape.gov.za/110green/energy/lng