Transnet Gets The Nod For Durban To Gauteng Oil Pipeline

NATIONAL ENERGY REGULATOR OF South Africa (NERSA) has awarded a licence to Transnet Pipelines to build the new multi products pipeline Durban – Gauteng. The project cost is estimated at $400million by the company for the design, construction and commissioning. The on-line date is scheduled for the third quarter of 2010 by which time the existing pipeline will be short of capacity and will need to be supplemented by rail and road transportation. iPayipi consortium also applied for this project but its application was declined. Transnet owns, operates, manages and maintains a network of 3,000km of high pressure oil and gas pipelines in South Africa. The network traverses five provinces from Kwazulu—Natal to Gauteng.


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