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    Sasol to develop South African hydrogen economy

Summary

Sasol and IDC will work together on a non-exclusive basis in advocating for policy frameworks to enable a hydrogen economy at relevant forums.

by: Joseph Murphy

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Complimentary, Natural Gas & LNG News, Africa, Energy Transition, Hydrogen, Corporate, Contracts and tenders, News By Country, South Africa

Sasol to develop South African hydrogen economy

South African fuel and chemicals group Sasol has agreed a memorandum of cooperation with the national development finance firm Industrial Development Corp to develop a green hydrogen economy in South Africa.

"South Africa is in a unique position to leverage its world class renewable resources endowment and infrastructure, as well as Sasol's Fischer-Tropsch technology and skills to position the country as a leader in a global hydrogen economy," Sasol said on July 5.

Sasol and IDC will work together on a non-exclusive basis in advocating for policy frameworks to enable a hydrogen economy at relevant forums. This will pave the way for the development of pilot and commercial-scale hydrogen projects that can support South Africa's energy transition, Sasol said.

"Green hydrogen provides an exciting opportunity for the country to create new hydrogen ecosystems and become a credible exporter of sustainable energy and chemical products, such as hydrogen, ammonia and sustainable aviation fuel, while increasing much-needed employment opportunities," Sasol said. "Our ambition is to lead and co-create South Africa’s hydrogen ecosystems through strategic partnerships, leveraging our proprietary technology and integrated value chain."