“Let us lift the moratorium so that we can do hydraulic fracturing [fracking] as well as allow industry to start [exploring],” says Petroleum Agency SA CEO Phindile Masangane.
Updating members of Parliament on Tuesday about developments in shale gas research conducted in the Karoo Basin, Masangane says she wants the ten-year moratorium imposed on fracking to be lifted so that Africa’s most developed economy can take advantage of this natural resource towards meeting our energy needs and benefiting the ailing economy.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: