Exxon to Supply LNG to Help South Africa Curb Coal Reliance (opens original article in a new tab)

Exxon Mobil Corp. has signed a preliminary agreement to supply liquefied natural gas (LNG) to South Africa, aiming to reduce the country's reliance on coal and improve electricity supply reliability. The deal supports South Africa's transition to a more diversified energy mix. The LNG will be imported at the Zululand Energy Terminal in Richards Bay, helping to address supply shortfalls and support industrial growth.

• Exxon Mobil Corp. signed a preliminary deal to supply LNG to South Africa
• South Africa aims to reduce coal reliance and improve electricity supply reliability
• LNG import could help transition to a more diversified energy mix