Minister of mineral resources and energy Gwede Mantashe has lifted a moratorium on gas and oil exploration and production in SA.
Hydraulic fracturing, commonly known as fracking, is a process in which a mixture of water, sand and chemicals is injected into rock at high pressure to release the gas inside. It’s a controversial process, with a number of potential negative environmental effects. Friday’s move is another small step towards kick-starting SA’s nascent oil and gas sector and comes after Mantashe relaxed the moratorium on offshore hydrocarbon exploration, allowing for applications already in the system to be processed, in December 2018.
Source: News Formal (newsformal.com)
Can there be total transparency in the granting of Exploration Rights to STOP CORRUPTION?
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: City_Press - 🏆 7. / 72 Read more »
Source: City_Press - 🏆 7. / 72 Read more »
The state and black participants to have minimum stakes in oil and gas projectsThe prescribed state interest is provided for in the draft Upstream Petroleum Resources Development Bill, gazetted on Tuesday just like the mafia They loot everywhere How about no stakes? Why only black participants? What about the rest of the people in SA? Only their tax money matter?
Source: BDliveSA - 🏆 12. / 63 Read more »
The state and black participants to have minimum stakes in oil and gas projectsThe prescribed state interest is provided for in the draft Upstream Petroleum Resources Development Bill, gazetted on Tuesday Unathi_Kwaza And only to our list of nominees Unathi_Kwaza For free, of course Unathi_Kwaza MYANC elite black participants. I'm tired of this
Source: BDliveSA - 🏆 12. / 63 Read more »
Source: SABC News Online - 🏆 32. / 51 Read more »
Source: City_Press - 🏆 7. / 72 Read more »