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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