SHALE GAS
With unconventional gas causing a “shift in the dynamics” of the natural gas market worldwide, South Africa can exploit its potential to become a major producer if it invests in its infrastructure, develops local expertise and creates an enabling framework to stimulate investment. A new World Energy Council (WEC) study, titled ‘Unconventional gas, a global phenomenon’ showed that, despite needing more than 50 GW of new electricity generation, little progress had been made in exploiting the Southern African country’s unconventional gas resources.
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