Page 14 - AfrOil Week 04 2021
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AfrOil                                 PROJECTS & COMPANIES                                            AfrOil




































                                               The new CNG stations will fuel DART’s high-capacity buses (Photo: The Citizen)

                         South African authorities have indicated that the   Naturally, the more gas found offshore the
                         launch of production at 11B/12B is at least five   better. Junior explorers New Age Energy and
                         years away. In the meantime, the government is   Tower Resources have secured a licence exten-
                         working on its Upstream Petroleum Resources   sion in December for the Algoa-Gamtoos area
                         Development Bill, which it expects to pass this   adjacent to 11B/12B, while Royal Dutch Shell is
                         year. The legislation will provide extra incentives   set to farm into the Transkei and Algoa blocks
                         for developing domestic gas resources.  held by Impact Oil & Gas. ™


















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