Recently Released Market Study: South Africa Oil & Gas Report Q4 2012
BMI View: With only limited conventional domestic reserves available, South Africa has learned to make efficient use of its natural resources. Synthetic oil production adds nearly 200,000b/d to the country's output, and this figure could exceed 250,000b/d by 2021. With an estimated 13.7tcm of shale gas resources in place, the country could also boost its gas and synthetic fuels output to meet growing domestic demand.
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