Sunbird to supply Eskom with Ibhubesi gas

Australia’s Sunbird Energy has signed a sales agreement term sheet with South Africa’s state-owned utility Eskom for the supply of 850 million cubic metres per year of gas for up to 15 years from the Ibhubesi field to the Ankerlig power station. The two parties aim to reach a final agreement before the end of the year.

The agreement not only represents a major step towards commercialising South Africa’s largest proven gas field, but provides the impetus for further exploration of 221 billion cubic metres of prospective Orange Basin gas resources, Sunbird said in a statement on Wednesday.