Daily Nation Newspaper

Total makes second gas find off South Africa’s southern coast

- FIN24.

JOHANNESBU­RG -

Total South Africa on Wednesday announced a second gas discovery in the country, a year after another find off the shore of Mossel Bay.

The Luiperd well is located in the Outeniqua Basin, some 175 kilometres­s off the southern coast, which is adjacent to the Brulpadda well, making the region the country’s new gas frontier.

The company said the site, which covers 19, 000 square kilometres will be tested to assess the dynamic reservoir characteri­stics and deliverabi­lity.

Total holds a 45 percent interest in the block, a 25 percent stake is controlled by Qatar Petroleum, while CNR Internatio­nal and Main Street, a South African consortium have a 20 and 10 percent respective­ly.

Main Street is 51 percent percent owned by Arostyle Investment­s which has Phuthuma Nhleko, the former chairman of the MTN board, as one of its director.

“Total and its partners have acquired important data on the Paddavissi­e fairway, which will help to progress developmen­t studies and engage with South African authoritie­s regarding the possible conditions of the gas commercial­isation,” said Arnaud Breuillac, President of Exploratio­n and Production.

The Brulpadda discovery in 2019 was hailed as a game-changer for the country which largely depends on imports.

The Mineral Resources and Energy, Gwede Mantashe, said the new discovery will further support government’s initiative­s to revitalise the National Petroleum Company. In June, Cabinet approved the establishm­ent of the entity which would merge the Central Energy Fund, the Strategic Fuel Fund, iGas and PetroSA.

According to Mantashe, the exploratio­n process of the gas project will inject R1.5 billion into the economy and create employment.

Government is also finalising the Upstream Petroleum Developmen­t Bill which is expected to provide an operationa­l framework for the oil and gas sector. –

leave them in the menacing hands of an individual who would eventually cause the ever peaceful Zambia to go up in political flames, Sata saw something unique in Edgar Lungu’s leadership qualities.

Aside from his humility, he was always cool, calm and collected in his daily execu- tion of duties. Hence, he was appointed acting president and in addition to that critical and ever busy office, Edgar As one of the best qualified Chagwa Lungu was minis- members of Parliament, he ter of Defence, Home Affairs never grumbled or whined at and as if it was not enough, he his appointmen­t but worked was the Chairman of the PF’s quietly and performed his Central Committee on disci- duties to the expectatio­n of pline as well as PF Secretary the then President Michael General - the likes of which Chilufya Sata. The following has never happened in the his- year in 2012, Sata promot- tory of Zambia. Additional­ly, ed him as minister of Home Mr Lungu was among a few Affairs where he performed ministers LUSAKA who CITY never COUNCIL threw

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exceptiona­lly well. When tantrums both in public and Geoffrey Bwakya Mwamba re- private.

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