Environmentalists and concerned citizens protested against exploration in the sensitive ocean environment. Their concern regards ocean health and the wellbeing of animals and indigenous communities along the coastline.
On Friday Sayidini said in the two months from when the seismic activity was permitted to when it was interdicted in December, the country missed out on a R1bn investment and further investments if the tests were successful. f we were to produce half of what we estimate in prospective oil we could fully cover the demands of the country and we could export.nly through drilling and seismic activity that we can know how [much oil and gas can be produced].
He said new discoveries of large gas fields known as Brulpadda and Luiperd off the south coast in offshore blocks 11B and 12B by TotalEnergies had already seen a $1bn investment. He added that the blocks would create 42,500 job opportunities, 1,500 direct jobs and 5,000 indirect jobs, and it would add R22bn to annual GDP.
Leaving R1b to adapt to existential climate change .. and the transition to clean energy
BS. Company arrogance.
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