South Africa poised to benefit from its natural resources: Dr Phindile Masangane

South Africa could be on the way to hitting a natural resources jackpot. The Petroleum Agency of South Africa, Pasa, and the Council for Geosciences says studies they have conducted in the Karoo have shown that South Africa has substantial amounts of technically recoverable shale gas resources. The two organisations were briefing the National Assembly's Portfolio Committee on Mineral Resources and Energy. The possible extraction of gas from the Karoo could be a game changer in so far as the country's energy crisis is concerned. Does fracking present a potential solution to South Africa's energy crisis? Or are the risks too high?
To discuss this matter we're now joined on the line by the Chief Executive Officer of the South African upstream oil and gas regulatory authority, Petroleum Agency South Africa, Doctor Phindile Masangane.

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