The video attached is a must watch to understand the next crisis in South Africa and the unique position Renergen is in with the only onshore gas production license.
The video discusses the challenges faced with importing LNG and solutions will not be available this decade.
The gas close to Mosselbay is too far from where gas is required and no pipelines in place to distribute the gas.
I never realised the impact of this looming gas cliff on the South African economy - this is a disaster similar to Eskom.
Renergen - limited supply with unlimited demand.
enjoy
its 18 minutes but very informative.
https://youtu.be/Pg_Iy0Wrw0Y?si=XOS6GQRmsLEFTRw9
The video attached is a must watch to understand the next crisis...
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