- Cheniere Energy (LNG +1.3%) is urging South Africa to consider U.S. liquefied natural gas supplies as it adds the fuel to its energy mix.
- Cheniere already has contracted its planned export capacity of 40M metric tons/year, but that does not preclude resale to South Africa, the company's VP of origination and marketing for the Americas said today at a conference in Cape Town.
- South Africa’s measures to combat a power crisis that has slowed economic growth include an invitation to private companies to supply 3,126 MW of gas-fired generation, and it is discussing ways to price gas imports to ensure they compete with other fuels.