Ikhwezi gas project
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SA’s PetroSA Investigated over $1.02b Loss in Gas Project
Wednesday, 16th November 2016
The South African parliament held a closed meeting to discuss a forensic report on the $1.02b impairment suffered by the state-run PetroSA due to offshore drilling operations in the Ikhwezi project that did not yield the expected gas.
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 60.90 | -0.73% |
Crude Oil (Brent) Brent | USD/bbl | 64.85 | -0.72% |
NYMEX Natural Gas | USD/MMBtu | 2.67 | -0.71% |
OPEC Basket Price | USD/bbl | 65.36 | +0.40% |
Last Modified April 22, 2021