MPRDA, LNG import clarity key to establishment of gas economy

Key factors that will influence the establishment of a gas economy in South Africa include the passing of the amended Mineral and Petroleum Resources Development Act (MPRDA), while greater clarity is also needed around the anticipated and stated imports of liquefied natural gas (LNG), says South African Oil and Gas Alliance CEO Niall Kramer. Speaking at the Liquefied Petroleum Gas Africa Summit, in Johannesburg, on Tuesday, he suggested that the MPRDA, when passed, would be a key enabler for the economy, stating that South Africa is a “frontier market”, having not started any gas exploration of scale.