BN@10: The Lorimer interview - a rare 'good news story' as we dig deeper into SA's oil & gas bonanza

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  • Опубліковано 16 лип 2024
  • During the second part of James Lorimer's keynote address at BizNews@10, he is quizzed on the scale of and challenges to SA's impending oil and gas boom. Lorimer admits it's the first 'good news' story he's probably been able to tell during almost a decade and a half as a Member of Parliament - but it's one he says desperately needs to be exposed to a discouraged nation. Hard to disagree. Investors, too, will be taking note. For instance, real estate on the Cape's Western and Southern coasts - and in the Karoo around Beaufort West - require more than a cursory glance. JSE-listed HCI too. - Alec Hogg
    Video production by Patrick Kidd
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КОМЕНТАРІ • 21

  • @sondisamvemnyama3476
    @sondisamvemnyama3476 11 місяців тому +10

    ANC don’t read 😂😂😂😂😂😂😂

  • @monicakieck7501
    @monicakieck7501 11 місяців тому +2

    They are for sure great dealing with inflated tenders and contracts to get the slice of the cake; unfortunately nothing ever gets completed😢

  • @garagepie
    @garagepie 11 місяців тому +1

    Dont let the ANC get their hands on it 😮

  • @robertbridges8303
    @robertbridges8303 10 місяців тому +1

    Why if Eskom was the cheapest and best run electricity utility in the world some 30 years ago what changed? ANC getting their hands on the loot.
    The electricity commission needs to go back to its founding principles. The coal under the ground belongs to the people to provide it with energy. Therefore Eskom should as before get miners to mine the coal and pay the miners a rate per ton. Not have to buy coal from some licence holder and get sub quality coal. Also Eskom should be able to source diesel on the open market and not have to pay premium prices to a third party. All these interventions would reduce the cost of electricity. Keep the corrupt politicians away as well as the looters.
    Oil and gas will go the same way Eskom has gone.
    Eskom should never be split up into generation, transmission and distribution. Accident waiting to happen.

  • @AndrewMcFarlane_1
    @AndrewMcFarlane_1 11 місяців тому

    The sea depth is about 200m, not 2km at the gas and oil fields.

  • @alimsimanga5326
    @alimsimanga5326 4 місяці тому

    Afghanistan they are getting the best deal for their oil exploration, they are getting 75% profit. The question is what are they getting it right of which us can't? Yes ANC don't read.

  • @Jadaisms
    @Jadaisms 11 місяців тому

    16:04 finished me

  • @theresasmuts9896
    @theresasmuts9896 11 місяців тому

    UIM-Neil De Beer 🇿🇦 Our President

  • @BreezeTalk
    @BreezeTalk 11 місяців тому

    We should take a mixture of standards, American capitalism is the pinnacle of capital but not of quality of life.

  • @charlesberesford3495
    @charlesberesford3495 10 місяців тому +1

    If you are at Davos, it means your are in bed with the World Economic Forum.

  • @andrecrouse8319
    @andrecrouse8319 11 місяців тому

    Obviously 'oil and gas' money at play here.Gone off Alec Hogg.

  • @daylight5500
    @daylight5500 11 місяців тому

    White man speak with forked tongue.