CAPE TOWN, July 10 (Reuters) – South African national oil
company PetroSA has been granted regulatory approval to start
producing gas feedstock from its $1 billion offshore Ikhwezi gas
project, the company said on Tuesday.
The offshore gas field, called “F-O”, is located off South
Africa’s south coast and has in the region of 1 trillion cubic
feet (TFC) of gas, with an upside of 2-3 TFC, the company has
said.
Drilling for five of Project Ikhwezi’s wells is on track to
start in November, with first gas production expected in
mid-2013, it said.
(Reporting by Wendell Roelf; Editing by Jon Herskovitz)
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