The Public Investment Corporation (PIC), a leading fund manager, has given the green light to a landmark Natural Gas Strategy. This move is considered pivotal for boosting South Africa’s energy security and speeding up the country’s decarbonisation efforts. The strategy is specifically designed to guarantee a stable gas supply, which will directly facilitate South Africa’s crucial shift to cleaner energy. Moreover, this aligns perfectly with key government blueprints, including the National Development Plan (NDP), the Draft Gas Masterplan, and the Integrated Resource Plan (IRP) 2025, all of which champion major investment in natural gas.
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