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𝗧𝗵𝗶𝘀 𝘀𝘁𝗼𝗿𝘆 𝗼𝗿𝗶𝗴𝗶𝗻𝗮𝗹𝗹𝘆 𝗮𝗶𝗿𝗲𝗱 𝗼𝗻 𝟮𝟱 𝗙𝗲𝗯𝗿𝘂𝗮𝗿𝘆 𝟮𝟬𝟮𝟰. PetroSA, South Africa’s state-owned oil and gas company, has successfully hidden most of its bad investments over the years. By 2020, poor decisions at the secretive company had wasted billions and almost closed it down. But it was given a lifeline when Mineral Resources and Energy Minister, Gwede Mantashe - determined to save PetroSA - insisted Eskom buy its diesel from the parastatal. Now, it’s on a new drive to partner with private business. A recent contract with the Russian Gazprom Bank has caused a stir, but a far larger deal (signed in secret) will make a controversial businessman a major player in the oil and gas industry. We lift the lid on this new profit-sharing deal in the oil and gas fields off the Southern Cape Coast. Find more exclusive content on Carte Blanche: The Podcast: https://linktr.ee/carteblanchetv --- Visit the Carte Blanche official site: https://mnet.dstv.com/show/carte-blanche Find us on Catch Up: https://bit.ly/32VvbU5 Stream the show live on the DStv Stream app: https://bit.ly/3l92LhH Watch more series and movies on Showmax, start your 14-day free trial here: https://bit.ly/36PFSr0 Get DStv: https://bit.ly/3edx58V Like Carte Blanche on Facebook: / carteblanchetv Follow Carte Blanche on Twitter: / carteblanchetv Be a fan on Instagram: / carteblanchetv #carteblanche #southafrica #news #investigation #petrosa #statecapture #journalism #journalist