Fossil Fuels Gas

INFO: Net-zero commitments from oil & gas majors

Presently, South Africa is considering using gas for power generation and installing related infrastructure: LNG landing terminals at one or a few ports, regasification and storage facilities and a region-wide network of pipelines.

Government and industry hope that this would provide "anchor demand" to catalyse broader regional gas industrialisation, involving exploration and exploitation of gas resources offshore Mozambique and the SA south coast and in the Karoo.

This vision extends beyond the country's electricity needs and would have significant climate change implications given the associated CO2 and methane emissions.

A number of multinational oil majors that are or could be involved have marketed plans to achieve "net-zero" greenhouse gas emissions buy 2050, including through investments in low-carbon energy. The attached background briefing looks at those commitments and compares them – it is not for attribution, but the information is open-sourced and referenced for you.

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