By: Reuters
Last Updated: 16 October 2015
SA's national oil
company, PetroSA, says its flagship Mossel Bay gas-to-liquid plant could
run out of local gas supplies by 2017. Wikipedia
South Africa's national oil company,
PetroSA, says its flagship Mossel Bay gas-to-liquid plant could run out
of local gas supplies by 2017 after an offshore drilling campaign
yielded only 10 percent of the expected gas reserves.
The $1 billion offshore drilling campaign along South
Africa's southern coast, which completed 3 out of 5 wells before being
stopped, only realised 25 billion cubic feet out of an anticipated 242
bcf of gas that could be commercially extracted.
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