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Podcast: First Take SA
Episode: Report Warns SA Risks Losing Billions Without Offshore Oil and Gas Expansion
Description: A new report warns that South Africa is at risk of missing out on a multi-billion-dollar economic opportunity unless it expands its offshore oil and gas industry. The report highlights discoveries off the southern coast, including TotalEnergies' Brulpadda and Luiperd fields and argues that the Orange Basin geology could transform South Africa's economy. The report projects that a single development could contribute 23 billion rand annually to GDP and support 20,000 jobs. Elvis Presslin spoke to EnerGeo Alliance Global Policy Senior Director, Dr. Ross Compton, who is in the UK