CHRIS BARRON: Let’s go fracking, turn on the shale gas and heat up the economy

The government has hailed shale gas as a potential “game-changer” for South Africa, but the industry says policy uncertainty and greed will deter the global players critical to its development. The South African Oil and Gas Alliance, which represents the industry, told parliament last month that the 20% state-carried interest proposed in the Mineral and Petroleum Resources Development Amendment Bill needed to be halved to make the industry commercially viable.

https://www.businesslive.co.za/bt/business-and-economy/2017-07-01-chris-barron-lets-go-fracking-turn-on-the-shale-gas-and-heat-up-the-economy/

Comments are closed.