Covid-19 Business Watch
WATCH: A net-carbon-zero SA by 2050 is ‘unrealistic’
Michael Avery talks to a panel about balancing SA's net carbon zero by 2050 commitments with the economic potential of recent oil and gas finds off the coast
27 May 2021 - 17:08
The government is forging ahead with its plans to develop and exploit the country’s oil and gas prospects, which have changed dramatically in recent years. In 2019, Total announced a gigantic gas find, the Brulpadda offshore exploration block, and a 2020 find in the adjacent Luiperd block increased the potential gas output off Mossel Bay, which is now considered one of the most exciting areas for gas exploration in the world.
At the same time, onshore helium and natural gas producer Renergen has reported “spectacular” finds in the Free State. ..
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