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TotalEnergies withdraws from two South Africa gas fields

World News

2024-07-29 | 02:13

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TotalEnergies withdraws from two South Africa gas fields

French energy giant TotalEnergies said on Monday it was withdrawing from two offshore gas fields in South Africa.

The company said the two blocks off the country's southern coast could "not be turned into a commercial development as it appeared to be too challenging to economically develop and monetize these gas discoveries for the South African market."

AFP

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