South Africa is quickly approaching a “gas cliff,” urgently needing action to prevent serious economic and energy damage, according to Jaco Human of IGUA-SA at a June 4th parliamentary briefing. Frustration over government inaction and policy delays was evident from industry stakeholders like SAOGA, Sasol, and the CEF. Human stressed that importing Liquefied Natural Gas (LNG) via Mozambique terminals (Matola or Inhassoro) is the only short-term fix, but this requires over $600 million per terminal and a necessary fiscal framework that is currently missing.
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