Your account has been succesfully created.

Subscribe now

SOUTH AFRICA

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

Read this article in our running story

“Southern Africa progresses towards the start of gas production”

MOZAMBIQUE NAMIBIA SOUTH AFRICA

Southern Africa progresses towards the start of gas production

As a future gas production zone, South Africa, Mozambique and Namibia carry the hopes of the super-majors Total, ENI and ExxonMobil. They represent a new opportunity for investors as Africa's traditional oil and gas-producing countries are increasingly struggling to maintain production.

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

This article may be accessed by subscribers and e-wallet holders (USD 12.50)

2 options offered to continue reading

e-wallet

from EUR/USD 50

Only buy articles you are interested in

ANNUAL SUBSCRIPTION

Unlimited access to the website

See our rates

Choose the option that suits you best: Compare all of our offers!

Do you want a free trial before subscribing?

Create your free account

Do you want a free trial before subscribing?

create a free account

Energy

Set up email notifications for these topics

SOUTH AFRICA
Adewale Fayemi
Africa Energy Corp
Arostyle Investments
Canadian Natural Resources
Gwede Mantashe
iGas
Main Street 1549 Proprietary
Opasa
Qatar Petroleum
Strategic Fuel Fund
Total

TotalEnergies CEO Patrick Pouyanné ups the bidding on offshore gas

Until now, South Africa's national oil company PetroSA was thought to be the only potential buyer of the gas that TotalEnergies should begin producing on its block 11B/12B from 2027. But a recent visit by the French major's CEO has changed all that.

SOUTH AFRICA Energy 05/09/2022

Time ticking on TotalEnergies' goal to achieve first gas on 11B/12B by 2027

The French major has no time to lose if it is to achieve its goal of starting production on the South African offshore block by 2026-2027. There are still the rights, final investment decision, pipeline connection and numerous other administrative and logistical tasks to work out.

TotalEnergies' gas delivery plan for Mossel bay.

SOUTH AFRICA Energy 21/06/2021

Petroleum Bill maintains 20% carried interest for state in all projects despite oil firms' protests

As expected, the final draft of the Petroleum Bill provides for the state to have a carried interest of 20% in oil permits. Energy companies are hoping to get the National Assembly, which will examine the bill over the next few weeks, to modify this provision.

SOUTH AFRICA Energy 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.

SOUTH AFRICA Energy 19/04/2021

Set up email notifications for these topics

SOUTH AFRICA
Adewale Fayemi
Africa Energy Corp
Arostyle Investments
Canadian Natural Resources
Gwede Mantashe
iGas
Main Street 1549 Proprietary
Opasa
Qatar Petroleum
Strategic Fuel Fund
Total

Once registered, you will be notified by a short message on your computer or mobile phone as soon as a new edition of our publication or an alert is published. Stay informed anytime, anywhere!

Algerian secret services in survival mode in North Mali

As fight against M23 continues, Kigali and Kinshasa wage war of intelligence

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