Sasol announces lead role in feasibility study for the Boegoebaai Green Hydrogen Project
PR92160
JOHANNESBURG, Oct. 6, 2021 /PRNewswire=KYODO JBN/ --
The Boegoebaai "green hydrogen" development has been designated a Strategic
Integrated Project (SIP) in the South African National Development Plan and is
located in the Namakwa Special Economic Zone (SEZ). The project's location and
classification as a SIP are key enablers to exploring Boegoebaai's potential as
a global green hydrogen hub.
Sasol has been engaging with the Infrastructure and Investment Office (IIO) of
the Presidency to develop a hydrogen economy in South Africa. The company has
signed a Memorandum of Agreement (MOA) with the Northern Cape Development
Agency (NCEDA) to lead the feasibility study to explore the potential of
Boegoebaai as an export hub for green hydrogen and ammonia. This study is
expected to take approximately 24 months. The outcomes of this feasibility
study will determine the next step of development.
Sasol has signed a MOA with the Gauteng Provincial Government (GPG) to leverage
Special Economic Zones (SEZs) that have been earmarked as enablers to unlocking
South Africa's green hydrogen market potential for domestic use, such as
mobility and aviation.
In parallel, Sasol has partnered with the Industrial Development Corporation
(IDC) who will provide joint funding for the feasibility study.
"We are very excited to be leading this feasibility study as part of unlocking
South Africa's potential to be a global green hydrogen and green ammonia export
player with the potential for sustainable aviation fuels in the future. This
will also be anchored by local demand for green hydrogen. It is a tangible step
forward for Sasol, as we seek to play a leading role in establishing the
Southern Africa green hydrogen economy," said Priscillah Mabelane, Executive
Vice President for Energy at Sasol.
Sasol continues to advance several catalytic projects to develop both local and
export opportunities in the region. This Boegoebaai project is one of a number
of green hydrogen, ammonia and power-to-X (P2X) opportunities, which Sasol is
assessing as part of the new strategy announced at its recent capital markets
day. Sasol's strategy is aligned with South Africa's ambitions to establish the
country as a significant green hydrogen production and global export hub.
"We believe that Southern Africa is well positioned to play in the global green
hydrogen economy due to key structural advantages. In particular, our
proprietary Fischer-Tropsch technologies and renewable endowments, are some of
the best in the world," said Mabelane.
"There is potential to create an ecosystem anchored on localisation to enable
long-term, sustainable benefits for communities and the country. The project
has the potential to provide a significant number of long-term sustainable
jobs, infrastructure investment and skills development in the country, enabling
a Just Transition," added Mabelane.
"As the lead project integrator, Sasol will bring together strategic partners
along the value chain and other enabling role players that will drive
industrialisation of the Northern Cape. These include potential customers,
funders, investors, technology suppliers and South African green energy
providers.
"Sasol has committed to be net zero by 2050 and we see green hydrogen as core
to enabling this goal. We have the capabilities and skill set, technology and
solutions to co-create the South African hydrogen economy," concluded Mabelane.
Issued by:
Matebello Motloung, Manager: Group Media Relations
Direct telephone: +27 (0) 10 344 9256; Mobile: +27 (0) 82 773 9457
matebello.motloung@sasol.com
About Sasol:
Sasol is a global chemicals and energy company. We harness our knowledge and
expertise to integrate sophisticated technologies and processes into
world-scale operating facilities.
We safely and sustainably source, produce and market a range of high-quality
products in 27 countries, creating value for stakeholders. Our Purpose
'Innovating for a better world' compels us to deliver on the triple bottom line
outcomes of People, Planet and Profit, responsibly and always with the intent
to be a force for good.
We have prioritised four Sustainable Development Goals to ensure our business
is environmentally, socially and economically sustainable.
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Source: Sasol Limited
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