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2024

Industry advances creation of R10bn-a-year gas company to ensure security of supply

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South African industrial users of natural gas are moving forward with the establishment of a R10-billion-a-year gas-aggregator company to provide the basis for large-scale gas infrastructure investments and transactions. The establishment of this gas aggregator (GasCo) will enable South African manufacturing to transition from a fragmented market to a consolidated and structured market enabling secure, long-term gas infrastructure development and supply, says the Industrial Gas Users Association of Southern Africa (IGUA-SA).