Efora Energy no longer considers block 3 it co-owns with Dig Oil in the DR Congo a strategic asset and wants to withdraw from it, according to our sources. The block was owned by TotalEnergies until
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By Amina Ali, International Energy Fellow, African Energy Chamber (https://EnergyChamber.org)
As Southern Africa’s leading economy, South Africa should evaluate the development of gas-to-power projects to address climate change, increase its power generating capacity, and stop load shedding, which represented an estimated loss to the South African economy of R338 billion over the last ten years, according to Business Tech. Such power projects could be fuelled by liquified natural gas (“LNG”) considering sub-Saharan Africa s significant natural gas resources, which remain underexploited. Such projects could be the key to transformative change, by making available reliable energy for growth and industrialisation at affordable rates, something that South Africa has been looking for a long time.
By Amina Ali, International Energy Fellow, African Energy Chamber (https://EnergyChamber.org)
As Southern Africa’s leading economy, South Africa should evaluate the development of gas-to-power projects to address climate change, increase its power generating capacity, and stop load shedding, which represented an estimated loss to the South African economy of R338 billion over the last ten years, according to Business Tech. Such power projects could be fuelled by liquified natural gas (“LNG“) considering sub-Saharan Africa s significant natural gas resources, which remain underexploited. Such projects could be the key to transformative change, by making available reliable energy for growth and industrialisation at affordable rates, something that South Africa has been looking for a long time.