South Africa: Second Big Gas Find Off Mossel Bay

  • South Africa’s Minister of Mineral Resources and Energy, Mr Gwede Mantashe, welcomes the second significant discovery of gas condensate off South Africa’s shores.
  • This follows an announcement by Total today, 28 October 2020, of a discovery on the Luiperd prospect located in Block 11B/12B off the Mossel Bay Coast. 

“This discovery is a game changer. We strongly believe this will further support our initiatives to revitalise our National Petroleum Company” said Minister Mantashe.

Through this exploration project, R1.5 billion investment was injected in to South Africa’s economy. Furthermore, the project has created the much-needed job opportunities for South African professionals.

“We welcome the employment of 195 South African drilling engineers, aviation and marine specialists, Petroleum geologists & Physical oceanographers in the project” added Minister Mantashe.

“We congratulate Total and its partners on a successful project. We are hopeful that we will see more investments in this sector in order to grow our economy in line with the Economic Reconstruction and Recovery Plan. The Upstream Petroleum Development Bill will soon be finalized. We believe the finalisation of the Bill will enable this sector to be fully operational” concluded Minister Mantashe.

Author: Bryan Groenendaal

Leave A Reply

About Author

Green Building Africa promotes the need for net carbon zero buildings and cities in Africa. We are fiercely independent and encourage outlying thinkers to contribute to the #netcarbonzero movement. Climate change is upon us and now is the time to react in a more diverse and broader approach to sustainability in the built environment. We challenge architects, property developers, urban planners, renewable energy professionals and green building specialists. We also challenge the funding houses and regulators and the role they play in facilitating investment into green projects. Lastly, we explore and investigate new technology and real-time data to speed up the journey in realising a net carbon zero environment for our children.

Copyright Green Building Africa 2024.