Business Day: Saldanha to expand for oil and gas sector

After years of talk, the port at Saldanha Bay is set finally to benefit from investment that will allow SA to participate and contribute more meaningfully in the oil and gas sector.

The Transnet National Ports Authority (TNPA) on Monday announced infrastructure projects valued at R9.65bn at Saldanha Bay to improve its ability to serve the offshore oil and gas industry.

The projects are seen as long-term and unlikely to be affected by the tapering-off in new oil exploration brought about by the recent dramatic drop in the oil price, which has put a question mark over some oil and gas projects.

Saldanha Bay port manager Willem Roux stressed the importance of the TNPA seizing the opportunity to serve the oil rigs operating on the west and east coasts of Africa.
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