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    Mining Weekly: Uncertainty around commercial prospects of shale gas in the Karoo predicates necessity for exploratory fracking

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Summary

According to Energy Information Administration, South Africa's Karoo basin holds potentially 390-trillion cubic feet (tcf) of recoverable natural gas. The government has preparing a new report on commercial aspects of the hydraulic fracturing.

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Press Notes, Africa

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Mining Weekly: Uncertainty around commercial prospects of shale gas in the Karoo predicates necessity for exploratory fracking

 Government’s inter-Ministerial hydraulic fracturing (fracking) monitoring committee is still working on fine- tuning regulations for a draft report on the governing of fracking in the Karoo basin, which potentially holds 390-trillion cubic feet (tcf) of technically recoverable shale gas resources, according to the latest US Energy Information Administration (EIA) study. MORE

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