Page 15 - AfrOil Week 48 2022
P. 15

AfrOil                                PROJECTS & COMPANIES                                             AfrOil



                         “In South Africa, TotalEnergies is positioning
                         itself as a player in the evolution of the country’s
                         energy mix as part of the necessary transition
                         from coal to renewable energies and gas,” she
                         said.
                           She continued: “South Africa’s economy is
                         still predominantly coal-based, accounting for
                         80% of its current electricity generation. Access
                         to energy, and in particular meeting the grow-
                         ing demand for electricity, is a major concern in
                         South Africa, where load-shedding and power
                         cuts have been almost a daily occurrence for
                         nearly 15 years and where air pollution from
                         fine particles linked to coal burning is frequent.”
                           However, the Block 5/6/7 project has
                         repeatedly attracted the same kind of negative
                         attention and protests that have led other inter-
                         national oil companies (IOCs) to suspend drill-  The drilling programme covers a section of Block 5/6/7 (Image: SLR)
                         ing projects in South Africa’s offshore zone.
                           For instance, Janet Solomon, the co-founder   Meanwhile, Greenpeace Africa spokesper-
                         of an environmental coalition known as Oceans   son Chris Vlavianos has said that he expects the
                         Not Oil, is one of multiple non-governmental   scheme to disrupt local fishing industries, and
                         organisations (NGOs) that have blasted the   some local community leaders have complained
                         plan and argued that South Africa should not   they did not receive adequate notice of the pub-
                         be encouraging any oil and gas exploration at all.  lic meetings held in late November. ™


       Tanzania’s Ruvuma PSA revised to




       facilitate faster gas development






            TANZANIA     SHAREHOLDERS in the Ruvuma licence area   heads TPDC.
                         in southern Tanzania have revised their produc-  Charlie Santos, Aminex’s executive chair-
                         tion-sharing agreement (PSA) with the aim of   man, expressed satisfaction with the adoption
                         accelerating the development of their natural gas   of the revisions to the PSA. “We are delighted
                         resources as much as possible.       that another essential stage in developing the
                           According to a statement from Aminex (Ire-  Ruvuma asset has been reached,” he said.
                         land), a non-operating shareholder in Ruvuma,   “The signing ceremony was a tangible sign
                         project operator ARA Petroleum Tanzania   of the Government of Tanzania’s strong com-
                         Ltd (APT), a subsidiary of ARA Petroleum of   mitment to the Ruvuma project, highlighting
                         Oman, and its partners signed an addendum to   their diligent effort to increase energy produc-
                         the PSA in Dar es Salaam on November 25. The   tion, a cornerstone of the country’s economic
                         changes aim to accelerate upstream production   development.
                         work at Ntorya, the biggest gas field within the   “The Ruvuma PSA addendum is just the
                         Ruvuma PSA.                          latest demonstration of the determination of
                           However, they will also facilitate the con-  all parties to work constructively and rapidly
                         struction of a 30-km pipeline linking the Ntorya   together to advance this significant project
                         field to an existing processing and pumping sta-  for the further development of the Tanzanian
                         tion at Madimba. According to previous reports,   energy sector.”
                         Tanzania Petroleum Development Corp.   APT is now slated to spud the Chikumbi-1
                         (TPDC), the national oil company (NOC), will   (CH-1) well at Ntorya in March 2023 and hopes
                         build the pipe.                      to begin production in early 2024. The cost of
                           At the signing ceremony, Tanzania’s Energy   the ongoing work programme may run up to
                         Minister January Makamba said his country’s   $140mn by then, and Aminex’s carried share of
                         government was determined to bring Ntorya’s   the total comes to $35mn.
                         gas resources on stream as soon as possible.   Equity in the Ruvuma block is currently
                         Accelerating upstream development work on   split between APT (50%), AIM-listed Scirocco
                         the Ruvuma project will play a key role in ensur-  Energy (25%) and Aminex (25%). Ntorya, the
                         ing the coverage of the country’s short- to medi-  main field at Ruvuma, may hold as much as 3bn
                         um-term gas needs, added Makamba, who also   cubic feet (84.96 mcm) of gas. ™



       Week 48   01•December•2022               www. NEWSBASE .com                                             P15
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