“A step change”Kinetiko CEO Nick de Blocq said: “This is a step change in the scale of the company’s development and represents a national project to support South Africa’s transition to cleaner, reliable, affordable energy."I cannot overstate the importance of this massive step we have taken in collaboration with our IDC joint venture partners, as it represents a level of confidence in our project from high layers of government."The project has been registered under the Strategic Infrastructural Projects management mechanism that operates from the Office of the President."This is expected to expedite all State and Government-related processes in terms of permitting and licensing and minimising of red-tape."We are beyond delighted to be able to say that our journey towards a large-scale project commercialisation and production has now begun.”
Project is given the highest priority.
Ann: Agreement with IDC to Develop SA Largest Onshore LNG Project, page-4
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