Does South Africa Have Any Oil? as TotalEnergies Ends Offshore Gas Exploration

After TotalEnergies withdrew from offshore gas exploration in South Africa, the future of the country's energy potential became uncertain. What does the company's decision to pull out of the promising Block 11B/12B imply for South Africa's attempts at energy independence? In this video, we delve into the reasons why. We will examine the effects on the Brulpadda and Luiperd gas fields and talk about how Africa Energy is taking the lead in continuing exploratory activities with its investment in Main Street 1549. The unrealized oil and gas potential of the Orange Basin, located along the northern Atlantic coast near Namibia, has instilled fresh optimism. Companies looking to explore South Africa's offshore reserves have taken a keener interest in this region. Is it still feasible for South Africa to become energy independent?

Subscribe: https://www.youtube.com/@UCeCWnDmamN_KC2c9putMfwA
Support me : https://buymeacoffee.com/supportmm

#southafrica #oil #gas #exploration #electricity #economy

Скачать видео