Australia’s Kinetiko Energy and South Africa’s FFS Refiners plan to invest ZAR 20 million (approx. USD 1.1 million) to co-develop a pilot liquefied natural gas (LNG) facility in Brakfontein, KwaZulu-Natal. A binding joint development agreement is expected within 30 days, paving the way for a feasibility study on domestic LNG production.
