Hi folks, looks like we have won. PENINSULA ENERGY withdraws from the Karoo, citing the bleank long-term outlook and the cost structure for the Karoo. We have s...aid that before. Let's pop the champagne corks!! PENINSULA LOOKS TO DIVEST ITS INTEREST IN THE KAROO PROJECTS http://www.pel.net.au/images/peninsul---mukeicoofo.pdf
This September CEO, alongside the Gastivists, Food & Water Europe, Friends of the Earth Europe, Counter Balance: Challenging Public Investment Banks, PowerShift... e.V. and Rosalux-Europa, brought together local activists and NGOs fighting projects along the entire gas supply chain, around the world - extraction to pipelines to LNG Terminals to the plastics industry (a big user of gas). The aim: begin building a global network against more gas infrastructure and leave fossil fuels in the ground.
Get involved on http://gastivists.org/
Coming Soon to the Countryside Near You:
In order to realise the potential of the gas reserves in the country Operation Phakisa Offshore Oil and Gas Lab has se...t a target of achieving 30 exploration wells in the next 10 years. In addition, the need to accelerate the planning for gas to power as part of the Governments Integrated Resource Plan and for State Owned Entities to pre-plan for the logical development of gas transmission servitudes within South Africa, was identified. The DEA has appointed the Council for Scientific and Industrial Research (CSIR) to undertake a SEA for a Phased Gas Pipeline Network. It is proposed that the following nine 100 km wide corridors will be assessed for gas and that two of the previously assessed EGI SEA corridors (i.e. Western and Eastern Corridors) will be extended and re-assessed - refer to attached map.
1) From Saldanha Bay to Atlantis and from Atlantis to Mossel Bay on the south coast
2) From Mossel Bay to Coega on the south coast.
3) From Coega to Durban on the east coast.
4) From Durban to Richards Bay and to the border of Mozambique to facilitate an import option.
5) A strengthening of the existing Lilly Pipeline from Sasolburg to Richards Bay and Durban by a second pipeline following a similar route.
6) From Sasolburg to the border of Mozambique.
7) From Saldanha Bay to Abraham Villiers Bay (landing point for the Ibhubesi field).
8) From Abraham Villiers Bay to northwards to the Namibiam border (Oranjemund), to link to potential Kudu gas extraction.
9) From the Shale Gas sweet spots to Mossel Bay and Coega.