Mining Weekly: Ibhubesi Gas Supply Deal with Eskom Expected Before Year-End

ASX-listed Sunbird Energy, which is developing the Ibhubesi natural gas project offshore of the Western Cape, expects to sign a gas supply agreement with State power utility Eskom before the end of this year and to bring on a volume of gas earlier than originally planned. Speaking on the second day of the Junior Indaba conference on Thursday, Sunbird Energy director Dorian Wrigley also assured that the price to Eskom of using Ibhubesi gas would be significantly lower than what the utility was currently paying for diesel for its Ankerlig power plant.

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