USTDA Connects U.S. Companies to Natural Gas Opportunities in South Africa
November 3, 2017
(USTDA)
ARLINGTON, VA – The U.S. Trade and Development Agency awarded a grant to the
GreenCape Sector Development Agency for a feasibility study to assess the market
demand, socio-economic impacts, and key risks of a proposed integrated liquefied
natural gas (LNG) importation and gas-to-power project in the Western Cape
Province of South Africa. The study will also provide a preferred model for the
importation of LNG for gas-to-power electricity generation capacity, as well as
for industrial, transportation, commercial, and domestic uses.
“USTDA is pleased to support this project, which will help increase access to
affordable, reliable energy in South Africa,” said Lida Fitts, USTDA’s
Regional Director for Sub-Saharan Africa. “At the same time, this project will
create opportunities for U.S. businesses in one of South Africa’s growing
sectors.”
Mike Mulcahy, CEO of GreenCape, added, “Natural gas has a critical
complementary role to renewable energy for power generation in a lowest cost,
low carbon, energy future for South Africa. GreenCape is grateful to USTDA for
their support in exploring and unlocking these opportunities.”
GreenCape is a not-for-profit company in South Africa established by the Western
Cape Government’s Department of Economic Development and Tourism (DEDAT) to
develop the green economy by identifying market opportunities in the energy
sector, the waste sector, as well as the flow of resources in the regional
economy.
GreenCape will competitively select a U.S. firm to complete the study.
Businesses interested in submitting proposals for this USTDA-funded feasibility
study should visit the Federal Business Opportunities (FBO) website at www.fbo.gov. A link to the FBO
announcement is also posted on USTDA’s website at https://www.ustda.gov/business-opportunities.
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