[South African Ports Authority plans to invest$570 million in port infrastructure]South Africa's Transnet National Port Authority plans to invest around $566 million over the next seven years in various infrastructure facilities in East London, Port Elizabeth and Ngula. Ports of Nelson Mandela, Elizabeth and Ngula will receive $299 million in investment, while East London will receive the remaining approximately $268 million. The first investment of around R570 million will take place in the 2022/2023 financial year. TNPA's latest investment plan aims to realign South African port operator Transnet with other key economic sectors. Editor/Xing Wentao
On April 20, 2026, Italy's Eni Group discovered about 5 trillion cubic feet of natural gas offshore East Kalimantan, Indonesia. Sinopec holds an 18% stake in the block.Editor/Gao Xue
On April 17, 2026, the groundbreaking ceremony for the fourth phase of the Renaissance Gas Field project in Turkmenistan was held. President Xi Jinping’s special representative Ding Xuexiang attended and delivered a speech together with Turkish leaders.Editor/Gao Xue