Bloomberg: South Africa Sees Natural Gas as `Cornerstone' to Baseload Power

South Africa, the most industrialized nation in Africa, said natural gas will become a key source of electricity in its plan to reduce dependence on coal.

“Gas will be a cornerstone of baseload” power, Energy Minister Tina Joemat-Pettersson said Tuesday, referring to round-the-clock generation. “Our vision is that gas will play a significant role in delivering timely, reliable and affordable electricity.”

Read the full article HERE.