Kinetiko Energy’s shares have surged over 20% following a landmark gas discovery in Mpumalanga, where shallow wells have tapped into a world-class resource of 98.5% pure methane.
This technical breakthrough offers a low-cost, “plug-and-play” energy solution that bypasses the need for complex refineries, allowing gas to be fed directly into South Africa’s hungry industrial grid.
Strategically located near major power stations and pipelines, the project has secured vital state backing from the IDC, positioning Kinetiko as a primary architect of South Africa’s transition away from coal and toward a more secure, gas-powered future.
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