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South Africa’s PetroSA targets Mozambique gas in new sales deal

South Africa’s PetroSA targets Mozambique gas in new sales deal

SOUTH Africa's PetroSA expects the first flows of gas into the country from a deal with Mozambique's national energy company ENH later this year, officials said, amid efforts to shore up supplies ahead of a potentially crippling shortage. Handed a gas trading licence by regulators in March, state-owned oil and gas company PetroSA has moved quickly to secure a deal for an initial 2 petajoules of gas a year (PJ/a), with the scope to rise to 200 petajoules eventually. That would be enough to supply scores of industrial gas users, including steelmaker ArcelorMittal, which currently relies on around 190 PJ/a,…
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TotalEnergies could lose S.Africa licence if no output plan by September

TotalEnergies could lose S.Africa licence if no output plan by September

OIL major TotalEnergies could see its licence to develop a major offshore South African gas find scrapped if it does not submit a production plan by September, the oil and gas regulator said on Thursday. TotalEnergies discovered two large gas fields, Brulpadda and Luiperd, in offshore block 11B/12B about 175 km off South Africa's southern coast in 2019 and 2020. "Their exploration right is expiring in September 2022," Phindile Masangane, chief executive of the Petroleum Agency SA, told Reuters on the sidelines of an Africa energy conference. "Whatever happens, TotalEnergies and its joint venture partners have to put in the application…
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