A Critical Moment For South Africa’s Energy Industry ...Middle East

Economy by : (OILPRICE) -
South Africa is in the midst of an energy crisis, despite its significant oil, gas, and renewable energy potential. This is mainly due to a prolonged economic crisis and poor management of the state-owned utility. Instability in the country’s energy industry has meant that new developments have been shrouded in uncertainty, with the hope that they will eventually boost South Africa’s energy security.  An array of economic reforms has been released by the South African government in a bid to improve the country’s declining…

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