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Karpowership invests USD 1 billion in LNG power for Southern Africa

Karpowership allocates $1 billion to convert LNG into electricity in Mozambique, strengthening the Southern African energy grid.
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Karpowership, a major player in gas-to-power conversion in Turkey, is investing $1 billion to develop an infrastructure for converting liquefied natural gas (LNG) into electricity in Mozambique.
The project, designed to supply the Southern African Power Pool (SAPP), aims to meet the growing energy needs of Southern African countries, while strengthening the region’s energy security.
The program is based on the installation of a Powership, a floating power plant, and a storage and regasification unit (FSRU).
This technology enables the rapid and efficient production of 500 MW of electricity, meeting the immediate energy requirements of Mozambique’s neighbors, such as Zambia, Zimbabwe, Botswana and Namibia.

A strategic project for Mozambique and its neighbors in southern Africa

By strengthening its collaboration with Electricidade de Moçambique (EdM), Karpowership is consolidating its presence in Southern Africa.
Since 2016, the company has been supporting Mozambique’s energy supply, and this new initiative extends its influence by supplying energy to the networks of SAPP member countries.
Exploiting local gas resources not only improves national energy security, but also creates opportunities to export electricity to neighboring countries, thus contributing to regional integration.
The initiative is part of a broader strategy aimed at reducing energy dependency in Southern African countries and fostering their economic development.
As a long-standing partner of Mozambique, Karpowership continues to play a key role in supporting the region’s economic growth and energy stability.

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