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SOUTH AFRICA

Behind the scenes of Total's urgent talks with Pretoria over block 11B/12B gas prices

Encouraged to get cracking by the recent gas discoveries off the coast of South Africa, Total is trying to prompt fast action on sector regulations from Ramaphosa's government. [...] (347 words)
Issue dated 11/11/2020 Reading time 2 minutes
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SOUTH AFRICA 17/06/2021

Total's success on block 11B/12B hangs on Ramaphosa 

Taking advantage of a favourable climate and existing infrastructure in South Africa, Total is looking at the option of speeding up expansion at a reduced cost. This will depend to a large extent on a good working relationship with the state, which owns the pipeline and the GTL plant to which the French major hopes to sell its gas. [...]
Cyril Ramaphosa, President of South Africa.
Cyril Ramaphosa, President of South Africa. © Christoph Soeder/dpa/picture-alliance/Newscom/MaxPPP

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