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Zululand Energy Terminal

ZET is the Vopak Terminal Durban–Transnet Pipelines partnership developing a proposed LNG import terminal at Richards Bay. Its current project page targets a 2028 FID and says pre-FEED is under way.

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Zululand Energy Terminal is developing a proposed liquefied natural gas import terminal at the Port of Richards Bay. ZET’s published project design includes floating LNG storage, regasification and a connection intended to supply the Lilly pipeline and nearby industrial users; the design and capacity remain subject to project approval and final investment decisions. [1][2]

History

Transnet National Ports Authority appointed the Vopak Terminal Durban and Transnet Pipelines partnership as preferred bidder in January 2024. ZET signed a 25-year Terminal Operator Agreement with TNPA in February 2025. [3]

Key milestones

  1. Selected as preferred bidder for the proposed Richards Bay LNG terminal concession. [3]

  2. Signed the Terminal Operator Agreement with TNPA for a 25-year terminal concession. [2]

  3. Announced a Heads of Agreement with Eskom concerning a strategic partnership for the proposed Richards Bay gas-to-power project. [4]

  4. Announced a Heads of Agreement with ExxonMobil South Africa LNG to advance LNG supply discussions. [5]

  5. Current project page targets a final investment decision in 2028; the decision has not been announced as taken. [1]

Related articles

Sources

  1. Zululand Energy Terminal, Project overview and milestones. Original source. Accessed 2026-09-25. ↩
  2. Zululand Energy Terminal, Pioneering South Africa’s first LNG import terminal, 2025-03-11. Original source. Accessed 2026-09-25. ↩
  3. Royal Vopak, Zululand Energy Terminal signs Terminal Operator Agreement, 2025-02-26. Original source. Accessed 2026-09-25. ↩
  4. Eskom and ZET, Heads of Agreement for Richards Bay gas-to-power development, 2026-06-05. Original source. Accessed 2026-09-25. ↩
  5. Zululand Energy Terminal, Advances LNG import project with ExxonMobil, 2026-06-17. Original source. Accessed 2026-09-25. ↩