Transnet National Ports Authority locked down a 25-year deal with WASAA CEF SOC Ltd to construct and operate a massive liquefied petroleum gas terminal at Durban's Island View Precinct. The R1.4 billion facility will handle 50,000 cubic meters of LPG storage and pump out 800 cubic meters per hour when it opens by late 2027, serving KwaZulu-Natal and the Eastern Cape with cleaner energy alternatives.
TNPA Board Chairperson Tshokolo Nchocho hyped up the partnership as a transformation play that brings together a black-owned, black-women-led operator and a state energy company. About 51% of the project work goes to businesses run by black owners, women, youth, and people with disabilities. WASAA Gases founder Nokwande Qonde said the terminal pushes back against the boys club mentality in oil and gas.
eThekwini Mayor Cyril Xaba backed the project hard, saying it fits perfectly with the city's plans to add 400 megawatts of renewable energy capacity and supports climate action goals by cutting emissions.
TNPA Board Chairperson Tshokolo Nchocho hyped up the partnership as a transformation play that brings together a black-owned, black-women-led operator and a state energy company. About 51% of the project work goes to businesses run by black owners, women, youth, and people with disabilities. WASAA Gases founder Nokwande Qonde said the terminal pushes back against the boys club mentality in oil and gas.
eThekwini Mayor Cyril Xaba backed the project hard, saying it fits perfectly with the city's plans to add 400 megawatts of renewable energy capacity and supports climate action goals by cutting emissions.
