ST Energies invests in Matola supply chain to ease energy constraints in South Africa

Energy firm ST Energies has invested into a supply and storage contract with the Matola region, in Mozambique, to embed diverse energy supply chains in South Africa, supporting existing regional supply chains to help South Africa mitigate its over-reliance on domestic demand from the Port of Durban.

The company initiated and concluded negotiations for this supply and storage contract, ensuring there is a sustainable supply of fuel critical to the country and the local energy sector.