21 July 2010

Since 1992, South Africa has seen natural gas production from the F-A gas field and its surrounding satellites, at a rate of up to 200 mmscf/day. After nearly 20 years, these reservoirs are beginning to deplete, while at the same time, there is an increasing need for energy in South Africa.

"Natural Gas - An Update on South Africa's Potential"

Presented by

David van der Spuy
Manager: Resource Evaluation
Petroleum Agency SA

[Click here for a CV]

Natural gas may yet prove to be an important part of the solution to this situation. A Production Right has been granted to Forest Oil International, to develop the Ibhubesi gas field off the west coast, and they are currently in the market development phase. With the investment certainties brought about by legislation, other international and local exploration companies will soon be resuming exploration off South Africa's shores for conventional gas resources, while others are beginning to investigate the potential of less conventional resources such as coal bed methane, deep basin gas associated with helium and also shale gas in the Karoo Basin onshore. Due to the undeveloped nature of South Africa's upstream industry, explorers face the hurdle of developing conventional discoveries from scratch, without the luxury of existing infrastructure, while the ultimate potential of unconventional resources is uncertain. However, Petroleum Agency SA is certain that natural gas will play a role in South Africa's energy future.

Date: Wednesday, 21 July 2010
Time: 17h30 for 18h00
Join us for refreshments and networking before the lecture begins
Venue: Engen Petroleum Ltd Conference Centre, Ground Floor
Engen Court, Thibault Square
Corner of Riebeeck and Long Street
CAPE TOWN
(Please click here for a map and directions)
Parking: Parking will be available in the staff basement parking. Please supply your vehicle registration number when you register online
Cost: Free of charge
RSVP: Please click here for the online form to register
Registration to be done by Friday, 16 July 2010 for catering purposes
More info: Please e-mail or call Virosha at the SANEA Secretariat:
E-mail: sanea@turnergroup.co.za / Tel: (031) 368-8000
Please note that the opinions expressed by our presenters are done so in their personal capacity and may not necessarily represent the views of either SANEA or their companies.
Media Enquiries:
Please contact Sarita Cronjé on 083-325-6716 or saritac@mweb.co.za
SANEA 2010 CALENDAR OF EVENTS
Please click here for your copy!
SANEA SECRETARIAT:
Tel: 031 368 8000
Fax: 031 368 6623
E-mail: sanea@turnergroup.co.za
Website: www.sanea.org.za