
Tuesday, October 8, 2013
Construction has officially started on South Africa’s R1.3-billion Saldanha LPG import and storage terminal, or the Sunrise Energy Terminal. The project is aimed at countering LPG shortages in the Western Cape.
It also aids in dismantling what Sunrise Energy MD Barthlo Harmse describes as a monopolized LPG supply chain market.
“The Sunrise Energy Terminal will be an open-access facility, meaning its infrastructure can be accessed by qualifying wholesale distributors, importers, traders or industrial LPG users, breaking the existing cartels and enabling new producers to enter the market,” he said at the facility’s launch.
Currently LPG is transported from Secunda or Richards Bay to the Western Cape, which grows increasingly uneconomical.
“LPG availability from inland refineries is not sustainable, owing to substantial market growth in the north of the country. The terminal will, thus, provide strategic buffer storage in the Western Cape, increasing the current storage capacity from three to 14 days,” he commented.
Major contracts already awarded include the EPCm Jacobs Matasis and the marine engineering contract to consulting engineers PRDW, with Sunrise expecting up to 70% local spend.