South Africa poised for LPG gas boom amid electricity price hikes - News Summed Up

South Africa poised for LPG gas boom amid electricity price hikes


State-owned power utility Eskom’s plan to raise next year’s electricity tariff by 36%, the latest above-inflation rise, has prompted outrage and made imported or locally refined cooking gas look comparatively cheap. Last month LPG operator Petredec announced plans to set up South Africa’s first rail-supplied LPG project. Gas consumption rose to half a billion metric tons this year from 425,000 last year, Argus global statistical review figures show.


Source: The North Africa Journal October 09, 2024 14:24 UTC



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