The JETP plan “will make it possible to support the Senegalese dynamic that we started several years ago of incorporating renewable energies into our energy mix and securing our energy system thanks to all our natural resources in line with the Paris Agreement”.
The statement noted that green ammonia produced domestically would reduce South Africa’s reliance on imports and the strain on its overburdened rail network.
It cited analysis by Boston Consulting Group stating that by 2038 there would be 1,000 offshore structures in the Arabian Gulf that would no longer be economically viable.
Prime Minister Rishi Sunak has vowed to help “turbocharge” investments in South African infrastructure, calling out green hydrogen opportunities in particular.