Kinetiko Energy and IDC to jointly develop South Africa’s largest onshore LNG project; shares soar

Kinetiko Energy has soared after taking a massive step in its objective to provide a sustainable cleaner energy solution for South Africa by executing an agreement with the Industrial Development Corporation of South Africa (IDC) to co-develop a new joint venture for the appraisal and production of LNG to deliver 50MW growing to 500MW gas equivalent energy.