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totalenergies' exit

south africa energy sector
Business

South Africa’s Energy Sector: Awaiting Crucial Briefing on TotalEnergies’ Exit

by Michael Jameson
September 24, 2024

South Africa’s energy sector is waiting anxiously for a crucial briefing by Minister Gwede Mantashe on TotalEnergies’ exit from offshore gas exploration blocks. The briefing will shed light on the inner workings of resource development, the business viability of offshore gas exploration in South Africa, and the legislative decisionmaking mechanism in the country. The meeting’s outcomes will be pivotal in shaping South Africa’s energy scene and influencing future decisions on resource development and economic strategy.

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