South Africa Gas Tender Fails

South Africa has cancelled its debut gas tender to generate two thousand megawatts of power after bidders failed to provide essential gas supply assurances. The failure poses a major challenge for industrial users relying on diminishing imports.

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A man walks beneath electricity pylons , in Orlando, Soweto, South Africa, January 16, 2023. REUTERS/Siphiwe Sibeko

South Africa closed its inaugural 2,000-megawatt gas-to-power tender without selecting a winner due to severe fuel supply shortages, the ministry of energy and electricity stated on Wednesday.