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South Africa to Fast-Track Gas Projects, Secure Energy Future, Minister Mantashe Says at G20 Forum

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Mantashe

Gwede Mantashe, Minister of Mineral and Petroleum Resources, South Africa emphasized that natural gas exploration and production is required to mitigate energy shortfalls and boost GDP growth

South Africa’s Minister of Mineral and Petroleum Resources Gwede Mantashe announced that the country is fast-tracking domestic gas development and LNG import projects to mitigate a supply shortfall from Mozambique.

 

He made the announcement during the G20 Africa Energy Investment Forum – Hosted by the African Energy Chamber – in Johannesburg on November 21.

“We will continue to develop infrastructure to integrate new deposits and avail gas to South Africa,” Minister Mantashe stated, adding, “The biggest solution is us. Having access our own gas deposits.”

We have no legal restriction on oil and gas exploration and exploitation in South Africa

The country currently imports 90% of its natural gas via the 865km ROMPCO pipeline from Mozambique’s Pande and Temane fields. With South African energy and chemical company Sasol planning to prioritize its internal volumes from mid-2026, the government is accelerating infrastructure and domestic exploration to secure new supplies and strengthen energy resilience.

To address the gap, the government is accelerating the Matola Floating Storage and Regasification Unit in Mozambique, expected online by mid-2026, and the Richards Bay LNG terminal in South Africa, scheduled for 2027. Plans are also underway for new pipelines to connect offshore discoveries in the Orange Basin to the national grid.

Minister Mantashe also emphasized that the country needs to spearhead regulatory reforms to unlock offshore exploration and lift moratoria in the Karoo and Orange Basins. The Orange Basin, site of major discoveries including Brulpadda and Luiperd, has the potential to drastically reduce imports, boost GDP and create jobs, the Minister stated, adding that successful development could unleash billions in investments across petrochemicals and energy sectors.

“Drill, baby, drill,” Minister Mantashe emphasized, adding, “We have no legal restriction on oil and gas exploration and exploitation in South Africa. If we make a breakthrough on oil and gas, our GDP will grow exponentially. Our people will never breathe fresh air in darkness.”

South Africa’s move signals a decisive push toward energy self-sufficiency at a time when global LNG markets are volatile and domestic gas demand is set to rise.

Distributed by APO Group on behalf of African Energy Chamber.

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Nigeria Accelerates $750B Mining Vision Ahead of African Mining Week (AMW) 2026

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African Mining Week will showcase opportunities within Nigeria’s mining value chain as the country seeks capital to unlock its $750 billion worth of untapped mineral deposits

CAPE TOWN, South Africa, June 24, 2026/APO Group/ –Nigeria’s mining sector is entering a new phase of growth as regulatory reforms, downstream investments and international partnerships strengthen investor confidence in one of Africa’s largest untapped mineral markets. The country’s solid minerals sector has secured approximately $3 billion in investments over the past three years, reflecting growing investor confidence as the West African nation seeks to bridge the financing gap hindering large-scale mining development.

 

The investment milestone comes as Nigeria deepens engagement with investors to unlock its estimated $750 billion in untapped mineral resources. The country is targeting an increase in mining’s contribution to GDP to 10%, creating lucrative investment opportunities for global mining industry players.

These developments come as African Mining Week (AMW) 2026 – Africa’s Most Influential Mining Conference, taking place in Cape Town from October 14-16 – prepares to showcase Nigeria’s expanding project pipeline and investment opportunities. Through dedicated country sessions, project showcases and executive networking, the event will connect international investors with Nigerian policymakers, mining companies and service providers driving the country’s mining transformation.

Nigeria’s expanding investment pipeline is a testament to its drive to strengthen partnerships. In June 2026, indigenous company Romulus Mining announced plans to increase investments across its gold and lithium portfolio from approximately $50 million to $150 million over the next three years, underscoring growing private sector confidence in the country’s mining outlook.

A partnership deal signed with Turkey in May 2026 is expected to support cooperation in geological exploration, mining technologies, digitalization and capacity building, while creating new opportunities for Turkish investment and technical expertise across Nigeria’s mining value chain.

Meanwhile, the advancement of several downstream projects – including a $600 million lithium processing facility in Nasarawa State and a $200 million lithium processing plant in Abuja – underscores Nigeria’s commitment to boosting mineral production and supporting industrialization.

Amid these developments, AMW 2026 provides a timely platform for investors seeking to capitalize on one of Africa’s most promising mining markets. The event will facilitate strategic partnerships that support exploration, mineral processing and long-term industry growth, reinforcing Nigeria’s ambition to develop a $1 billion economy by 2030 on the back of its mining industry.

Distributed by APO Group on behalf of Energy Capital & Power.

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Uganda’s $500B Growth Ambition Puts Mining Reform and Critical Minerals in Focus at African Mining Week (AMW) 2026

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African Mining Week will connect Ugandan stakeholders with global investors, fostering discussions on the future of mining in the East African country

CAPE TOWN, South Africa, June 24, 2026/APO Group/ –As Uganda accelerates its Ten-Fold Growth Strategy aimed at expanding its economy from $59.3 billion to $500 billion by 2040, the African Mining Week (AMW) 2026 conference will serve as a key platform to connect the country’s mining sector with global capital and technical partners.

 

AMW 2026 – scheduled for October 14-16 in Cape Town – will feature a dedicated Uganda Country Spotlight, showcasing emerging investment opportunities across the mining value chain as well as ongoing regulatory reforms designed to improve the country’s investment climate.

AMW comes as a critical time for Uganda as the country advances its Mining and Minerals (Amendment) Bill 2026 to improve investor protections, licensing efficiency, local content participation and the mining sector’s contribution to GDP. The country spotlight offers a platform for Ugandan authorities to pitch global investors on streamlined licensing, new incentives and emerging investment prospects.

Uganda is also finalizing preparations for its 2026/2027 oil and mineral exploration licensing round, designed to unlock new greenfield opportunities across the critical mineral sector. AMW will highlight emerging investment opportunities in cobalt, copper, iron ore, graphite, and rare earths as Uganda prioritizes critical minerals to achieve 8% annual economic growth through 2030.

In the gold sector, Uganda is advancing formalization and industrialization initiatives, integrating artisanal and small-scale miners (ASGM) – who account for 90% of gold production – into the formal economy. The launch of three-year Domestic Gold Purchase Program and the commissioning of the Wagagai Gold Project and refinery reinforces Uganda’s strategy to boost local value addition and strengthen its gold industry ecosystem.

The Uganda Country Spotlight at AMW 2026 will convene regulators, project developers, mining companies, financiers and global service providers to shape the future trajectory of Uganda’s mining sector.

Distributed by APO Group on behalf of Energy Capital & Power.

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Venezuela Energy Week 2026 Opens Upstream Asset Pipeline with New Farm-In/Farm-Out Forum

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The forum will showcase a curated pipeline of oil and gas assets seeking partners, providing direct access to acreage, producing fields and development opportunities across Venezuela

CARACAS, Venezuela, June 23, 2026/APO Group/ –Venezuela Energy Week 2026 will introduce a dedicated Farm-In/Farm-Out Forum, establishing a focused platform for upstream asset transactions and partnership formation as Venezuela continues to reposition itself within the global oil and gas investment landscape.

The forum will be structured around a curated portfolio of assets, with operators, license holders and state entities presenting defined upstream opportunities – ranging from producing fields and brownfield redevelopment projects to undeveloped blocks and offshore gas prospects – to a targeted audience of companies seeking entry, expansion or strategic participation in Venezuela’s energy sector.

The initiative reflects Venezuela’s ongoing recalibration of its upstream strategy, as the country prioritizes production growth and the attraction of technical and financial partners capable of supporting recovery across its oil and gas base. With partnership-led development now central to sector expansion, farm-in and farm-out structures are increasingly being used to unlock value across both mature assets and new developments.

“Venezuela’s upstream sector is increasingly defined by partnership structures rather than standalone development,” said James Chester, CEO of Energy Capital & Power. “This forum reflects that shift by bringing defined assets to market and aligning them with the technical and financial partners needed to advance them.”

This forum reflects that shift by bringing defined assets to market and aligning them with the technical and financial partners needed to advance them

The forum is expected to highlight a broad spectrum of asset categories across the country’s key producing regions. In the Orinoco Belt, opportunities will focus on improving recovery from heavy oil fields through enhanced production techniques and technology deployment. In western Venezuela, mature assets present redevelopment potential aimed at near-term output gains. Meanwhile, offshore and eastern gas developments continue to attract interest as Venezuela strengthens its role in regional gas monetization and supply.

Participants will engage directly with asset owners through structured presentations and closed-door discussions centered on deal terms, equity participation, operatorship models and phased development strategies. The format is designed to move beyond general discussion toward transaction-oriented engagement tied to specific assets.

Importantly, the forum reflects broader changes in global upstream investment behavior, where companies are increasingly favoring phased entry strategies and farm-in structures to manage risk while establishing operational presence in new or re-emerging markets. Venezuela’s evolving investment environment – characterized by high resource potential and expanding partnership frameworks – aligns closely with this approach.

Venezuela Energy Week 2026 will take place in Caracas from October 26–29, bringing together government leaders, operators, investors and service companies to advance dialogue and investment across the country’s energy sector.

The VEW 2026 Farm-In/Farm-Out Forum is now open for asset submissions and participation requests from operators, license holders and investors.

  • Submit upstream assets for farm-in or farm-out consideration
  • Register as an investor or upstream partner
  • Engage directly with the VEW upstream team

Submit Submissions Here (https://apo-opa.co/4xJwh2t)

Distributed by APO Group on behalf of Energy Capital & Power.

 

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