Moneyweb: South Africa - A Long, Rocky Road to Shale Gas

Both oil and gas companies and anti-fracking lobbyists will be closely monitoring the Strategic Environmental Assessment (SEA) of shale gas development announced this week.

Delays and uncertainties have peppered the path towards the exploration of shale gas so far, dampening the initial burst of excitement when it was first touted.

Both sides of the fracking divide have been frustrated with the process. The uncertainty surrounding the terms of granting exploration licences has unnerved industry, while organisations such as the Treasure the Karoo Action Group (TKAG) say they’re still waiting for communities to be properly consulted.

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