Eskom, Sasol Strike Deal To Ensure Long-term Energy Supply

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eskom sasol strike deal to ensure longterm energy supply

Eskom and Sasol have signed a memorandum of understanding (MOU) to collaborate towards achieving energy sovereignty in South Africa.

The two entities will collaborate in exploring and researching potential future Liquified Natural Gas (LNG) requirements for long-term certainty of energy supply.

The signing ceremony took place at Eskoms Megawatt Park headquarters in Sunninghill.

Electricity Minister Dr Kgosientsho Ramokgopa says the signing of the MOU is important in addressing the countrys cost of electricity, its economy as well as the demand for gas.

Ramokgopa says the focus on gas will help cushion low-income households as well as middle and high-income earners. The focus will be on diversifying energy resources.