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South Africa Locks Onto Coal Despite Water Risks, Grim Market Trends

first_imgSouth Africa Locks Onto Coal Despite Water Risks, Grim Market Trends FacebookTwitterLinkedInEmailPrint分享Keith Schneider for Circle of Blue:South Africa’s allegiance to coal mining and coal-fired power generation in an era of rising concern about water supply and quality, and weakening national and global demand is causing a furor in the country’s mining sector, affecting the financial community, and tearing holes in President Jacob Zuma’s veil of privilege and scandal.The national turmoil and a number of distinct regional conditions are tilting the balance of benefits and risks against new coal development in this area, say many residents. A deep two-year drought, the worst ever experienced in northern KwaZulu-Natal, emptied the drinking water reservoirs of Vryheid and nearby Paulpietersburg late last year. Thousands of town residents line up every morning to fill buckets with fresh water transported by tanker trucks from sources as far away as Pongola, a farm town set by the river of the same name that is 132 kilometers (82 miles) east of here.Outside the hill towns, where springs and deep wells are still active, one coal company is drawing nearer to gaining a license to mine a new coal seam near Paulpietersburg. At least nine other companies have been quietly nosing around the steep slopes of the area’s tabletop mountains for unmined reserves.Markets for new reserves are thought to include coal-fired power stations in neighboring Mpumalanga province, and for export. Richards Bay, South Africa’s primary export shipping terminal, is 214 kilometers east (133 miles).Senior managers of the South Africa Department of Mineral Resources declined to be interviewed for this article. The department’s weak public involvement mechanisms and Web site make it difficult for citizens to follow new licensing applications. Farmers, acutely anxious that pollution from new coal mines could contaminate their water, have responded by establishing a new advocacy group, the Pongola River Catchment Protection Association, to keep abreast of mining activity on the ground, and to oppose new mineral development.Full article: South Africa Locks Onto Coal Despite Water Risks, Grim Market Trends More here.last_img read more

Eni: Coral Sul FLNG hull launched

first_imgItalian energy conglomerate Eni and its Area 4 partners launched the hull of the Coral Sul floating liquefied natural gas (FLNG) treatment and liquefaction facility at the Samsung Heavy Industries shipyard in Geoje, South Korea. The FLNG is part of the Coral South project that will put in production 450 billion cubic meters of gas of the Coral reservoir, offshore Mozambique.The launch marks the timely progress of the project, which exceeds 60 percent completion and is in line with production start-up by 2022, Eni said in a statement on Tuesday.The hull is 432 meters long, 66 meters wide and weighs approximately 140,000 tons.Its eight-story accommodation module, which will house up to 350 people, is also ready to be lifted and integrated with the hull system.Fabrication activities are also well underway for the 12 gas treatment and LNG modules, with all main equipment ready for integration and first deck stacking executed, Eni said.The FLNG will have a liquefaction capacity of 3.4 million tons per year (MTPA) and will be anchored at a water depth of around 2,000 meters by means of 20 mooring lines that weigh a combined 9,000 tons.Eni noted that drilling and completion activities for the six subsea wells that will feed the liquefaction unit are ongoing offshore Mozambique.last_img read more