MOSSEL BAY NEWS - According to UrduPoint News/Sputnik, Russia and South Africa have signed a cooperation programme for exploration, production and processing of minerals until 2025.

The news agency quoted Russian Minister of Natural Resources and Environment Dmitry Kobylkin saying: "Today, a roadmap has been signed for the implementation of priority areas of cooperation with the Republic of South Africa in the field of cooperation on platinum group metals, as well as a programme of Russian-South African cooperation in the field of exploration, mining, processing and processing of mineral resources for the period up to 2025."

PetroSA
In early September, Russia's Rosgeo signed an agreement with PetroSA for the development of blocks 9 and 11a on South Africa's southern continental shelf.

The project involves the production of up to four million cubic metres of gas daily, with subsequent delivery to the Mossel Bay gas processing plant.

The area's oil reserves are estimated at over 50 million tons and gas reserves at over 400 billion cubic metre, with forecast gas resources of up to 1.2 trillion cubic metres.

Source: www.urdupoint.com

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