South Africa's LPG Market
South Africa's LPG Market : Analysis of Opportunities in the Industrial and Commercial Sectors
LONDON, Oct. 18, 2016 /PRNewswire/ -- South Africa is a middle-income, emerging market with abundant natural resources. Mining, mineral processing, and manufacturing are the main sectors driving industrial growth in the country. Globally, South Africa has one of the largest coal reserves; its use is limited to power generation and heating applications in industrial processes. The country has no major gas reserves, with its LPG demand being met through production at local refineries and imports. LPG is employed in certain processes across the industrial sector in South Africa. Its use and uptake have been largely constrained due to inadequate supply, lack of storage and transportation facilities, and relatively higher costs when compared to other energy sources, such as coal, natural gas, and heavy fuel oil. In future, LPG demand in South Africa will be driven by the domestic and small commercial sector as the government looks to diversify the country's energy mix, steering away from electricity. Rising electricity costs will prove to be a major driver for domestic and commercial consumers switching to LPG in South Africa.
Key Questions This Study Will Answer
What is the economic scenario in South Africa and the sector-wise GDP contribution?
What is the landscape for primary energy consumption and electricity generation in South Africa?
What is the energy consumption for the industrial and commercial sectors in South Africa?
What is the current status of LPG as a fuel source in South Africa?
What potential opportunities exist for LPG utilisation in South Africa?
What factors (drivers and restraints) could impact LPG uptake in South Africa?
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