E Cape energy economy plans revealed

Ongoing efforts to establish the Eastern Cape as the country’s energy province took a huge step forward yesterday when the provincial government revealed elements of its strategic framework for the development of a gas and oil economy and a major gas hub in Nelson Mandela Bay.

This emerged from the first day of a two-day Eastern Cape Oil and Gas Strategic Framework Workshop held at Pine Lodge, Port Elizabeth, where provincial leaders and industry heavyweights are discussing the Eastern Cape’s entry into and role in the multibillionrand oil and gas industry.

Described as a landmark oil and gas workshop, the event was attended by Economic Development, Environmental Affairs and Tourism MEC Sakhumzi Somyo.

It also attracted delegates from the Development Bank of Southern Africa, the Presidency, the Central Energy Fund, Shell, PwC, the Independent Power Producers’ Office and the national departments of Energy, and Trade and Industry, all of which are expected to provide critical input.

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