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What ever happened to the gas at Brulpadda?

2 July 2019 5:33 PM
Tags:
Total
French oil company Total
Brulpadda
In February energy giant Total revealed it had discovered a large gas field off the South African coast.

There was much excitement across the country in February when it was revealed that energy giant Total had discovered a large gas field off the South African coast.

It was estimated that the find could yield up to 1-billion barrels of gas.

But since then, very little's been heard of the Brulpadda block or what Total plans to do with it.

RELATED: MTN boss set to rake in billions from the Brulpadda gas find

CapeTalk's John Maytham spoke to energy expert and African New Energies CEO Steve Larkin to find out why.

It's important to note that the discovery was made in the midst of one of the worst electricity crises in South African history...

Stephen Larkin, CEO - Africa New Energies

Total want to keep their options open to maximise the revenue of the find and that might not involve selling natural gas to South Africa to make electricity... but there are more lucrative markets for that.

Stephen Larkin, CEO - Africa New Energies

It's a case of being cautious as to the extent of the find.

Stephen Larkin, CEO - Africa New Energies

Listen to the full interview below:


2 July 2019 5:33 PM
Tags:
Total
French oil company Total
Brulpadda

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