Mondi, Nampak and Illovo to experience gas shortage by 2023
Diminishing supply from the Pande and Temane fields in Mozambique poses a significant threat to the R150m turnover-a-year businesses
Industrial users of gas such as Mondi, Nampak and Illovo, expect a supply crunch to set in as early as 2023.
According to Jaco Human, CEO of the Industrial Gas Users Association, who spoke at a seminar hosted by Nedbank and EE Publishers on Wednesday, the coming gas shortage poses a significant threat to businesses which are dependent on it for their industrial processes. The industrial gas users generate a collective R150bn in revenue a year and employ more than 46,000 people.