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Total discovers goldmine of gas off southern coast of South Africa

Total made a ¡§significant¡¨ discovery 175 kilometres off the southern coast of South Africa

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French energy giant, Total, announced recently that it had found ¡§significant¡¨ gas off the southern coast of South Africa.

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¡§Total has made a significant gas condensate discovery on the Brulpadda prospects, in the Outeniqua Basin, 175 kilometres off the southern coast of South Africa,¡¨ it said in a statement.

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Total¡¦s CEO, Patrick Pouyanne, said the potential quantities ¡§could be around one billion barrels of global resources, gas and condensate light oil¡¨.

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South Africa¡¦s Mineral Resources Minister, Gwede Mantashe, welcomed the news of the discovery as ¡§potentially a major boost¡¨ for the economy.

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¡§It is exciting for our country. We welcome it as we continue to seek investment to grow our economy,¡¨ the Minister said. ¡V Source:www.thesouhtafrican.com

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