South Africa can tap into oil and gas opportunities, if it gets investment certainty right

Investor certainty is key to unlocking South Africa’s oil and gas potential, which rivals that of neighbouring Namibia, says energy geoscience industry association EnerGeo Alliance global policy senior director Ross Compton. The organisation analysed both fiscal revenue and non-revenue benefits, such as jobs, local procurement, infrastructure development, energy planning and security, stemming from each phase of building an upstream oil and gas sector in South Africa.