Oil and gas has been discovered off the coast of the environmentally sensitive Garden Route of South Africa. 1 billion barrels is expected.
The discovery is located in Block 11B/12B which is in Brulpadda-1, an area in the Outeniqua Baisin that’s allocated to French company, Total. Qatar Petroleum and Canadian Natural Resources Limited have interests in it too.
The discovery is less than 200km offshore, running approximately from Mossel Bay to Plettenberg Bay. This is only one of several sites in the area expected to become a bonus to foreign oil companies. Exploration is also happening closer to shore.
South Africa’s Mineral Resources Minister Gwede Mantashe has welcomed the news. The DA, which controls the province, is undoubtedly delighted too. It’s likely that the Upstream Petroleum law, which has stagnated in parliament for a decade, will be encouraged to move forward.
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