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South Africa’s
Minister of Mineral and Petroleum Resources Gwede Mantashe announced that the
country is fast-tracking domestic gas development and LNG import projects to
mitigate a supply shortfall from Mozambique.
He made the announcement during the G20 Africa Energy Investment Forum –
Hosted by the African Energy Chamber – in Johannesburg on November 21.
“We will continue to develop infrastructure to integrate new deposits and
avail gas to South Africa,” Minister Mantashe stated, adding, “The biggest solution
is us. Having access our own gas deposits.”
The country currently imports 90 per cent of its natural gas via the 865km
ROMPCO pipeline from Mozambique’s Pande and Temane fields.
With South African energy and chemical
company Sasol planning to prioritise its internal volumes from mid-2026, the
government is accelerating infrastructure and domestic exploration to secure
new supplies and strengthen energy resilience.
To address the gap, the government is accelerating the Matola Floating
Storage and Regasification Unit in Mozambique, expected online by mid-2026,
and the Richards Bay LNG terminal in South Africa, scheduled for 2027.
Plans are also
underway for new pipelines to connect offshore discoveries in the Orange
Basin to the national grid.
Minister Mantashe also emphasised that the country needs to spearhead
regulatory reforms to unlock offshore exploration and lift moratoria in the
Karoo and Orange Basins.
The Orange Basin,
site of major discoveries including Brulpadda and Luiperd, has the potential
to drastically reduce imports, boost GDP and create jobs, the Minister
stated, adding that successful development could unleash billions in
investments across petrochemicals and energy sectors.
“Drill, baby, drill,” Minister Mantashe emphasised, adding, “We have no legal restriction on
oil and gas exploration and exploitation in South Africa. If we make a
breakthrough on oil and gas, our GDP will grow exponentially. Our people will
never breathe fresh air in darkness.” -TradeArabia News Service
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