DocumentOngoingNews

Minister Eyes 25 Billion Energy Investments

GCIS / SAnewsRef: https://www.sanews.gov.za/south-africa/minister-eyes-25-billion-energy-investments

Official source

Source domain: sanews.gov.za

Collected on 28 July 2026

Always confirm details on the official source before acting.

What this means

This is a SAnews.gov.za news article dated 16 May 2018 reporting remarks by Energy Minister Jeff Radebe. Radebe says he wants the energy sector to contribute at least 25% of the US$100 billion investment target announced by President Cyril Ramaphosa, implying about US$25 billion for energy. He outlines possible ways to achieve this, including strategic fuel stock and new fuel-tank/infrastructure investment for shale gas, natural gas and LNG transport infrastructure, improving refinery assets for cleaner fuels, and partnerships to support electrification of transport. He also discusses expediting coal and gas projects to attract foreign investment and prioritising natural gas to support a transition to a low-carbon economy.

What this document offers

Read out of this document by Govermate's AI, in its own words. Each one quotes the line it came from — confirm on the official source before acting.

investment opportunityOngoing

Energy sector investment opportunities

The government is seeking investments in the energy sector to help meet a national target of US$100 billion in new investments over five years. The energy sector aims to contribute at least US$25 billion through projects involving strategic fuel storage, natural gas and LNG infrastructure, cleaner fuel refineries, and partnerships supporting transport electrification.

Who it is for: investors, energy companies, infrastructure developers, international partners
How to act on it: Engage with the Department of Mineral Resources and Energy or follow announcements related to the Independent Power Producer programme and national energy infrastructure plans.

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Facts

Reference

https://www.sanews.gov.za/south-africa/minister-eyes-25-billion-energy-investments

Key Takeaways

Date: Wednesday, 16 May 2018
Energy Minister: Jeff Radebe
Target investment: US$100 billion over five years
Energy sector contribution goal: at least 25% (about US$25 billion)
Context: briefing media ahead of department Budget Vote speech in Parliament
Investment approaches: strategic stock via new fuel tanks and infrastructure for shale gas
Investment approaches: natural gas and LNG transport infrastructure
Investment approaches: cleaner fuels via refinery upgrades to meet emissions standards
Investment approaches: partnerships supporting electrification of transport
Policy/programme mentioned: Independent Power Producer programme
Additional focus: prioritising natural gas for low-carbon transition
Jeff Radebe
Cyril Ramaphosa
Parliament of South Africa
SAnews.gov.za
Government Communication and Information System (GCIS)