Legal and policy certainty required if gas economy is to be realised

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) and greater clarity regarding the expected and stated imports of liquefied natural gas (LNG), says South African Oil and Gas Alliance CEO Niall Kramer. Speaking at the Africa Liquefied Petroleum Gas Summit, held in Johannesburg last month, he suggested that the MPRDA, when passed, would be a key enabler for the economy, stating that South Africa is a “frontier market”, as it had not started any gas exploration of scale.