Oil, gas exploration expected to boost economy

Minister of Mineral Resources Gwede Mantashe says the Total Exploration and Production Southern Africa’s deep sea stavenger rig operations in the Western Cape should boost investor confidence and contribute positively to the oceans economy. “If we can discover oil and gas here, that will be a game changer for the country in terms of the economy. We hope that we will discover oil so that we can reduce our dependence on imported crude oil,” Mantashe said. On Saturday, the Minister led a delegation from the Department of Mineral Resources on…

Read More