Loading…
Rompco, the pipeline company that carries South Africa's gas supply from Mozambique, expects to conclude a joint-development agreement by January for a new LNG terminal. A memorandum of understanding was signed Thursday with Mozambique's state oil company ENH.
The $450 million project includes a floating storage and regasification unit off Inhassoro, with commissioning expected from 2030.
This is a regional energy infrastructure development with no direct effect on feed commodity supply, demand or prices. It is a minor long-term gas supply item for South African industry.
energyconnects.comBloombergNov 13, 2026After 260 past macro events, Natural Gas moved a median +0.4% over 5 sessions (52% higher; middle half -4.5% to +7.3%), and +1.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
