Five companies have been awarded preferred bidder status by South Africa’s Transnet National Ports Authority (TNPA) to develop liquid bulk and green fuel terminals at the Port of Richards Bay.
According to local reports, five terminals are set to be developed in the South Dunes Precinct of the port under a 25-year concession period, and the preferred bidders include: Bidvest/Mnambithi Consortium; KNGM Engineering (Pty) Ltd; KZN Oils (Pty) Ltd; Linsen Nambi (Pty) Ltd; and Protank (Pty) Ltd.
According to a statement issued by the TNPA: ‘The project will entail funding, design, development, construction, operation, maintenance and transfer of the liquid bulk terminals for a 25-year concession period. The sites will be designed to handle various petrochemical products that are critical for the economy of the country, including but not limited to diesel, petroleum, jet fuel, marine fuels, biofuel, hydrogen, liquefied petroleum gas, pure butane, pure propane, base oils and bitumen.’
In a notice posted on LinkedIn yesterday (8 May), Linsen Nambi described the news as ‘a major milestone’ as the company is looking to ‘help expand South Africa’s liquid bulk capacity and support the country’s energy transition’.
