Chris Bredenhann who leads Price Waterhouse Cooper's Africa Oil and Gas Advisory practice, speaks to eNCA.
MOSSEL BAY - Total has made a significant natural gas discovery off the southern Cape coast.
The French oil giant has been drilling about 180 kilometres off the coast in Mossel Bay.
They were hoping to find oil which would've been a game-changer for South Africa.
But the gas find will also boost the country's ailing economy.
Total stopped exploration in 2014 due to the harsh off-shore conditions.
The company then imported another rig from Norway which proved successful in finding gas reserves in the deep waters.
Courtesy #DStv403
Source
eNCA
