In December 2021, the Department of Mineral Resources and Energy (DMRE) released the Gas Master Plan Basecase Report for public comment and input.
Its intention was to establish baseline information to develop a Gas Master Plan roadmap for the natural gas sector in South Africa, described by DMRE Minister Gwede Mantashe as a "gamechanger" for South Africa.
Once developed, the Gas Master Plan is intended to serve as a policy instrument and roadmap for strategic, political and institutional decisions, which will guide industry investment, planning and coordinated implementation.
Further work in this area has been done in a report on "The Role of Gas in South Africa's Path to Net-Zero" by Boston Consulting Group (BCG). The report, released in February 2022, assesses pathways for South Africa to decarbonise by 2050, and the potential role of gas in South Africa's transition.
Work is also underway by African International Advisors (AIA) in association with SADC, DBSA and IDC for the development of a Regional Gas Masterplan to coordinate and integrate the planning of regional gas supply initiatives among African and SADC member countries.
South Africa and the region also need to be cognizant of international gas developments and issues arising in respect of climate change, methane leakage, and gas market price and supply upheavals in Europe resulting from Putin's war in Ukraine.
This webinar will review all of the above in order to provide a better understanding of the issues and arguments for and against natural gas as a transitionary fuel in Southern Africa.