Red tape blamed for TotalEnergies’ exit from SA gas exploration
Blow to the industry, says African Energy Chamber after French energy major quits Brulpadda and Luiperd gas projects
29 July 2024 - 08:32
UPDATED 29 July 2024 - 23:04
The African Energy Chamber has expressed disappointment at French energy major TotalEnergies’ withdrawal from gas field projects in SA, attributing the decision to regulatory obstacles that hamper companies trying to develop energy-sector projects.
TotalEnergies, the operator of Block 11B/12B, where it made two gas discoveries, Brulpadda and Luiperd, said on Monday it was walking away from the $3bn project...
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