Cape Town, 23 November 2011 - Project Ikhwezi, PetroSA’s flagship project to search for additional gas reserves off the coast of Mossel Bay, has been given a huge boost with the receipt of environmental authorisation from the Department of Environmental Affairs.
The approval was granted on 9 November 2011. The environmental assessment process is an integral part of the development of projects such as Project Ikhwezi. The process identifies and predicts the environmental impacts associated with the proposed development and assesses the significance of the impacts.
The process is intended to provide sufficient information to decision makers within the company and regulatory authorities as to whether the identified impacts can be managed in such a way as to reduce their significance. For Project Ikhwezi, the assessment process stretched over more than two years.
Throughout the assessment process the public were informed and consulted. The environmental assessment procedure informs the technical or engineering design process to ensure that the final development proposal includes environmental management requirements.
Yekani Tenza, the Acting PetroSA CEO, said the granting of the environmental authorisation was an important milestone for Project Ikhwezi.
“Getting the authorisation is only half the battle, we now must ensure that we comply with all the conditions as we work to deliver the project on time and on budget,” he added.
The PetroSA Board of Directors took a Final Investment Decision for the company to embark on the project in April. Project Ikhwezi is aimed at sustaining the life of the Mossel Bay GTL Refinery. The wells are based off the F-O field located 40 km south-east of the F-A production platform. Production of the gas field is targeted for 2013.
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