Inspenet, August 20, 2023.
Possible energy alliance between South Africa and Russia?
South Africa and Russia are in the midst of a series of talks about energy collaborations. These include the construction of a gas-fired power plant and the supply of Russian liquefied natural gas (LNG) for new generation capacities, according to reports from the Russian Ministry of Energy.
Bilateral interaction was discussed between Russian Deputy Energy Minister Sergei Mochalnikov and South African Ambassador to Russia Mzuvukile Jeff Maqetuka ahead of a BRICS energy ministerial meeting scheduled for Aug. 18 in Johannesburg.
“Our countries are interested in developing mutually beneficial cooperation in the energy sector. Today we are studying with our South African partners the possibility of building a gas power plant . We are already discussing the supply of equipment, the possibility of organizing the supply of Russian LNG for the effective operation of new generation capacities,” Mochalnikov said.
The current collaboration between Moscow and Pretoria in oil and derivatives trade was also discussed, highlighting the possibility of this area becoming a promising new sphere.
During the meeting, the issue of the growth of electricity consumption in South Africa, which requires the development of new generation capacities, was also raised.
In summary, the prospects for further cooperation in the electric power industry were discussed, with particular emphasis on the fact that Renewable Energy Sources (RES) projects by Russian companies in South Africa continue to progress as planned.
Likewise, the operation of coal-fired power plants in South Africa, which currently operate at half their available capacity , was discussed.
“Russian companies have extensive experience in the modernization of coal-fired power plants in Russia and are ready to assist in the repair and renovation of coal-fired power plants in South Africa through concession agreements that can be secured at the intergovernmental level,” Mochalnikov said.