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Richards Bay LNG

Awaiting FID

Project Details

CountrySouth Africa
LocationRichards Bay, KwaZulu-Natal
Terminal TypeRegasification (Import)
Rig TypeFSRU
Capacity-
Trains-
Start Date01-Jan-2027
Cost (US$bn)-
Origin-
Destination-
OwnersTransnet {South Africa}, Royal Vopak {Netherlands}
Buyers-

Status Notes

February 2026 - FID for the project has expected in 2026; November 2024 - Project expected to come online in Q128; March 2024 - Vopak and Transnet Pipelines are testing the market's interest in regasification and storage capacity at their planned LNG terminal; January 2024 - South Africa has selected Vopak consortium as the preferred bidder to develop and operate the terminal; July 2023 - Transnet National Ports Authority has issued a request for proposals for the detailed engineering, design and construction of common user infrastructure at the terminal; August 2022 - Transnet's subsidiary Transnet Pipelines (TPL) is looking for a partner to develop the proposed terminal

Last reviewed: 06 Feb 2026