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2020-02-05 10:25:00

SOUTH AFRICA'S OIL & GAS RULES

SOUTH AFRICA'S OIL & GAS RULES

PE - 31 January 2020 - The South African government published its long-anticipated draft oil and gas legislation on Christmas Eve, hoping it will usher in a new era of exploration and production. To combat the country's energy deficit, it must pave the way for the rapid development of substantial recent discoveries, including Total's huge Brulpadda field last February, and prospects.

The domestic economy provides marketing potential to a range of potential industrial offtakers as well as new gas-to-power projects. Challenging offshore conditions, transportation to market issues, the global glut and historically…

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SOUTH AFRICA'S OIL GAS RULES
2020, January, 22, 12:30:00
NO COAL FOR AFRICA
The UK will no longer fund coal projects overseas, British Prime Minister Boris Johnson announced today during his opening address at the UK-Africa Investment Summit in London. Instead, the government will "turbo-charge" its support for low-carbon energy sources, he said, noting that the UK has cut its CO2 emissions by 42% from the 1990 level. The country is the host of the next round of UN climate talks - COP26 - in November.
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Tags: SOUTH AFRICA, OIL, GAS
Chronicle:
SOUTH AFRICA'S OIL GAS RULES
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SOUTH AFRICA'S OIL GAS RULES
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